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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Commission paid to directors - Directors paying tax at the ...


Director Commission Taxed at Maximum Rate is Legal; Not a Dividend Substitute u/s 40A(2)(b) of Income Tax Act.

March 26, 2019

Case Laws     Income Tax     AT

Commission paid to directors - Directors paying tax at the maximum rate on income including commission which is higher than DDT - no infringement of any law - neither can be treated as an amount paid in lieu off dividend or excessive under section 40A(2)(b)

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