https://www.taxtmi.com/caselaws?id=186609 The revenue's appeal against the deletion of additions made for excessive salary paid to the Chief Executive was dismissed for Assessment Years 2006-07 and 2007-08. The CIT(A) and ITAT found that the salary paid was not excessive considering the individual's tax rate and the firm's income, and there was no evidence to prove the services rendered were undervalued. The appeals were dismissed, upholding the deletion of the additions. en-us Fri, 19 Nov 2010 00:00:00 +0530 Fri, 23 Sep 2016 19:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186609 The revenue's appeal against the deletion of additions made for excessive salary paid to the Chief Executive was dismissed for Assessment Years 2006-07 and 2007-08. The CIT(A) and ITAT found that the salary paid was not excessive considering the individual's tax rate and the firm's income, and there was no evidence to prove the services rendered were undervalued. The appeals were dismissed, upholding the deletion of the additions. Case-Laws Income Tax Fri, 19 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186609