Exemption for examination-related services rejected where recipients were commercial entities; suppression sustained extended limitation and penalties...
Disallowance of commission paid to Managing Director and Working Director - it cannot be doubted that the payment of dividend was made in the guise of commission to the directors.
Disallowance of commission paid to Managing Director and Working Director - it cannot be doubted that the payment of dividend was made in the guise of commission to the directors.
Note: It is a system-generated summary and is for quick reference only.