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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Payment of salary to certain members of the ...

Income Tax

December 14, 2021

Exemption u/s 11 - Payment of salary to certain members of the society - no adverse material has been brought on record by the AO to hold that services have not been rendered by these persons and payments made to these specified persons are excessive and unreasonable. We hold that there is no justification in the action of the AO for making a disallowance under this head. - AT

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