https://www.taxtmi.com/caselaws?id=172043 The Revenue's appeal against the disallowance of Director's remuneration under section 40A(2) of the I.T. Act for the A.Y. 2010-11 was dismissed. The ld. CIT(A) upheld the justification for the increased remuneration of a new director based on qualifications and experience, emphasizing that salary differentiation among directors is permissible at the company's discretion. The AO's reasoning for partial disallowance, premised on salary parity with the old director, was deemed unjustified. The appeal was dismissed due to the lack of substantial evidence challenging the CIT(A)'s detailed findings. en-us Wed, 29 May 2013 00:00:00 +0530 Tue, 11 Aug 2015 19:29:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172043 The Revenue's appeal against the disallowance of Director's remuneration under section 40A(2) of the I.T. Act for the A.Y. 2010-11 was dismissed. The ld. CIT(A) upheld the justification for the increased remuneration of a new director based on qualifications and experience, emphasizing that salary differentiation among directors is permissible at the company's discretion. The AO's reasoning for partial disallowance, premised on salary parity with the old director, was deemed unjustified. The appeal was dismissed due to the lack of substantial evidence challenging the CIT(A)'s detailed findings. Case-Laws Income Tax Wed, 29 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172043