https://www.taxtmi.com/caselaws?id=14255 The High Court ruled in favor of the Revenue regarding the deductibility of surtax liability in income tax computation, favoring the assessee on the classification issue of the company, and in favor of the assessee on the treatment of commission payments to directors under section 40(c) of the Income-tax Act, 1961. The court emphasized the need for clarity on whether the commission payments were part of remuneration or for other services rendered, ultimately ruling against the Department in all three issues. en-us Fri, 30 Mar 2001 00:00:00 +0530 Tue, 14 Jul 2009 16:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14255 The High Court ruled in favor of the Revenue regarding the deductibility of surtax liability in income tax computation, favoring the assessee on the classification issue of the company, and in favor of the assessee on the treatment of commission payments to directors under section 40(c) of the Income-tax Act, 1961. The court emphasized the need for clarity on whether the commission payments were part of remuneration or for other services rendered, ultimately ruling against the Department in all three issues. Case-Laws Income Tax Fri, 30 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14255