Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Addition of payment of retention bonus - concern employee is not holding any share of the company and he is working for the company and the amount paid is in the nature of reward given to the employee for working for a longer duration and it is absolutely contractual payment which was decided at the time of the employment of the employee to retain them - duly allowable
Addition of payment of retention bonus - concern employee is not holding any share of the company and he is working for the company and the amount paid is in the nature of reward given to the employee for working for a longer duration and it is absolutely contractual payment which was decided at the time of the employment of the employee to retain them - duly allowable
Note: It is a system-generated summary and is for quick reference only.