Disallowance u/s 40A(2) - payment of remuneration to whole time ...
Section 40A(2) Inapplicable: Director Remuneration Not Disallowed as Directors Taxed at Maximum Rate of 30.
February 20, 2019
Case Laws Income Tax AT
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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