Supreme Court upholds disallowance of bonus payment to directors in SLPs, Delhi HC decision affirmed.

The SC dismissed the SLPs on the disallowance of bonus payment to two company directors, upholding the lower authorities' findings affirmed by the Delhi HC.

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The Supreme Court of India dismissed the Special Leave Petitions regarding the disallowance of bonus payment to two directors of a company. The decision was based on the concurrent findings of the Assessing Officer, CIT (Appeal), and Income Tax Appellate Tribunal, which were affirmed by the High Court of Delhi.

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