https://www.taxtmi.com/caselaws?id=251696 The Court dismissed the appeal and upheld the Commissioner's decision to delete the disallowance of the director's salary under Section 40A(2)(b) of the Income Tax Act. The Commissioner found the director's payment reasonable based on the director's educational qualifications, practical experience, and significant contribution to the company's growth and profits. The Court considered the factual findings of the Commissioner conclusive in establishing the reasonableness of the director's salary, leading to the dismissal of the appeal. en-us Fri, 12 Sep 2014 00:00:00 +0530 Thu, 25 Sep 2014 08:25:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251696 The Court dismissed the appeal and upheld the Commissioner's decision to delete the disallowance of the director's salary under Section 40A(2)(b) of the Income Tax Act. The Commissioner found the director's payment reasonable based on the director's educational qualifications, practical experience, and significant contribution to the company's growth and profits. The Court considered the factual findings of the Commissioner conclusive in establishing the reasonableness of the director's salary, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251696