https://www.taxtmi.com/caselaws?id=70731 The appellate tribunal affirmed the inclusion of professional fees accrued by a deceased director in the assessment for the year 1980-81. It was held that the fees accrued before the director's death, clarifying the application of Section 314(1)(a) of the Companies Act, 1956. The post facto ratification by the company did not impact the accrual, leading to the dismissal of the appeal and upholding the assessment decision. en-us Fri, 30 Nov 1984 00:00:00 +0530 Mon, 18 Apr 2011 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70731 The appellate tribunal affirmed the inclusion of professional fees accrued by a deceased director in the assessment for the year 1980-81. It was held that the fees accrued before the director's death, clarifying the application of Section 314(1)(a) of the Companies Act, 1956. The post facto ratification by the company did not impact the accrual, leading to the dismissal of the appeal and upholding the assessment decision. Case-Laws Income Tax Fri, 30 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70731