https://www.taxtmi.com/highlights?id=22995 Disallowance u/s 40A(2)(b) - excessive remuneration - AO had not brought any material on record to substantiate that as to how and in what manner the remuneration paid to the Directors was excessive. He had also not given any basis for allowing the remuneration @ 20% of the total receipts - No addition - AT en-us Tue, 19 May 2015 00:56:04 +0530 Tue, 19 May 2015 00:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22995 Disallowance u/s 40A(2)(b) - excessive remuneration - AO had not brought any material on record to substantiate that as to how and in what manner the remuneration paid to the Directors was excessive. He had also not given any basis for allowing the remuneration @ 20% of the total receipts - No addition - AT Highlights Income Tax Tue, 19 May 2015 00:56:04 +0530 https://www.taxtmi.com/highlights?id=22995