https://www.taxtmi.com/caselaws?id=10645 The High Court ruled in favor of the assessee, disposing of the reference regarding the disallowance of director's remuneration without Central Government sanction. The Court considered the subsequent approval by the Government of India, which deemed pending applications for approval as approved if the remuneration did not exceed certain guidelines. This approval related back to the date of application, leading to a favorable outcome for the assessee. en-us Fri, 12 Aug 2005 00:00:00 +0530 Tue, 21 Jul 2009 08:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10645 The High Court ruled in favor of the assessee, disposing of the reference regarding the disallowance of director's remuneration without Central Government sanction. The Court considered the subsequent approval by the Government of India, which deemed pending applications for approval as approved if the remuneration did not exceed certain guidelines. This approval related back to the date of application, leading to a favorable outcome for the assessee. Case-Laws Income Tax Fri, 12 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10645