Commission to Managing Directors Disallowed u/s 36(1)(ii); Section 263 Limits Commissioner's Power to Reinvestigate Settled Matters.

Commission to Managing Directors Disallowed u/s 36(1)(ii); Section 263 Limits Commissioner's Power to Reinvestigate Settled Matters. https://www.taxtmi.com/highlights?id=25079 Disallowance of commission paid to two Managing Directors u/s 36(1) (ii) - The provision u/s 263 of the Act does not give powers to the Commissioner to make enquiry again for the issue which has been decided after verifying all the documents on record by the AO - AT en-us Sat, 03 Oct 2015 13:02:01 +0530 Sat, 03 Oct 2015 13:02:01 +0530 TaxTMI RSS Generator Commission to Managing Directors Disallowed u/s 36(1)(ii); Section 263 Limits Commissioner's Power to Reinvestigate Settled Matters. https://www.taxtmi.com/highlights?id=25079 Disallowance of commission paid to two Managing Directors u/s 36(1) (ii) - The provision u/s 263 of the Act does not give powers to the Commissioner to make enquiry again for the issue which has been decided after verifying all the documents on record by the AO - AT Highlights Income Tax Sat, 03 Oct 2015 13:02:01 +0530 https://www.taxtmi.com/highlights?id=25079