https://www.taxtmi.com/caselaws?id=252828 Directors' remuneration was not wholly disallowable merely because the increase was substantial; where turnover had risen, some enhancement could be justified, but the payment had to bear a reasonable nexus to business growth, so only part of the increase was sustained. A direction to assess amounts in earlier years under section 153 read with section 150 was impermissible because the disputed addition related to the year under appeal, no such finding was necessary for disposal of that appeal, and the direction had been issued without specific hearing; that direction was deleted. en-us Fri, 31 Oct 2014 00:00:00 +0530 Wed, 05 Nov 2014 06:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252828 Directors' remuneration was not wholly disallowable merely because the increase was substantial; where turnover had risen, some enhancement could be justified, but the payment had to bear a reasonable nexus to business growth, so only part of the increase was sustained. A direction to assess amounts in earlier years under section 153 read with section 150 was impermissible because the disputed addition related to the year under appeal, no such finding was necessary for disposal of that appeal, and the direction had been issued without specific hearing; that direction was deleted. Case-Laws Income Tax Fri, 31 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252828