https://www.taxtmi.com/caselaws?id=181238 The High Court dismissed the Revenue's appeal for the assessment year 2006-07, affirming the tribunal's decision in favor of the respondent company regarding the treatment of commission and bonus paid to directors. The court found that the directors actively contributed to the company's profits, and the consistent practice of paying such amounts over the years was upheld. Previous objections by the Revenue in other assessment years had been overruled by the tribunal, and the High Court's decision aligned with this precedent, leading to the dismissal of the appeal without costs. en-us Thu, 15 Dec 2011 00:00:00 +0530 Tue, 29 Aug 2017 08:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181238 The High Court dismissed the Revenue's appeal for the assessment year 2006-07, affirming the tribunal's decision in favor of the respondent company regarding the treatment of commission and bonus paid to directors. The court found that the directors actively contributed to the company's profits, and the consistent practice of paying such amounts over the years was upheld. Previous objections by the Revenue in other assessment years had been overruled by the tribunal, and the High Court's decision aligned with this precedent, leading to the dismissal of the appeal without costs. Case-Laws Income Tax Thu, 15 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181238