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Disallowance of increase in salary of directors - AO was not...

Court Rules Against Revenue Authorities on Evaluating Business Decisions, Directors' Salary Increase Disallowance Contested.

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Income Tax October 31, 2017 Case Laws AT
Disallowance of increase in salary of directors - AO was not convinced that the increase in turnover is only because of efforts of the Director - Revenue authorities in this case are trying to enter into the shoes of the businessman, which is not permissible.

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Acts Income Tax