https://www.taxtmi.com/caselaws?id=204176 The Tribunal overturned the CIT(A)'s decision to disallow a portion of the Director's salary under Section 40A(2)(b) of the IT Act for assessment year 2006-07. The Tribunal found the Director's responsibilities justified the salary, emphasizing the legitimate business needs served by the Director's role. The Tribunal ruled that the salary was not excessive or unreasonable, directing the Assessing Officer to delete the disallowed amount and allowing the appeal. en-us Mon, 28 Feb 2011 00:00:00 +0530 Fri, 08 Jul 2011 00:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204176 The Tribunal overturned the CIT(A)'s decision to disallow a portion of the Director's salary under Section 40A(2)(b) of the IT Act for assessment year 2006-07. The Tribunal found the Director's responsibilities justified the salary, emphasizing the legitimate business needs served by the Director's role. The Tribunal ruled that the salary was not excessive or unreasonable, directing the Assessing Officer to delete the disallowed amount and allowing the appeal. Case-Laws Income Tax Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204176