Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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)
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)
Note: It is a system-generated summary and is for quick reference only.