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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Disallowance u/s 40A(2) - payment of remuneration to whole time ...

Income Tax

February 20, 2019

Disallowance u/s 40A(2) - payment of remuneration to whole time directors - Not disputed that the concerned directors are assessed to tax at the maximum rate of 30%. - the provisions of section 40A(2) are not attracted to the payment made to the directors.

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