https://www.taxtmi.com/caselaws?id=226187 The Tribunal ruled in favor of the appellant, holding that Director's remuneration cannot be treated as salary in the absence of an employee-employer relationship. The Tribunal emphasized that payments to Directors, approved by shareholders, should not be considered as salary or subject to TDS under Section 194J. The Tribunal highlighted that the appellant correctly claimed the payments as expenditure, and the Assessing Officer erred in disallowing them under Section 40(a)(ia) for non-deduction of TDS. The Tribunal considered the enactment from 1.7.2012, clarifying that certain payments to Directors should not be subject to TDS, leading to the deletion of the disallowance for the impugned Assessment Year. en-us Thu, 14 Feb 2013 00:00:00 +0530 Sat, 20 Apr 2013 21:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=226187 The Tribunal ruled in favor of the appellant, holding that Director's remuneration cannot be treated as salary in the absence of an employee-employer relationship. The Tribunal emphasized that payments to Directors, approved by shareholders, should not be considered as salary or subject to TDS under Section 194J. The Tribunal highlighted that the appellant correctly claimed the payments as expenditure, and the Assessing Officer erred in disallowing them under Section 40(a)(ia) for non-deduction of TDS. The Tribunal considered the enactment from 1.7.2012, clarifying that certain payments to Directors should not be subject to TDS, leading to the deletion of the disallowance for the impugned Assessment Year. Case-Laws Income Tax Thu, 14 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=226187