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    <title>Ex-Gratia Payment Challenge by AO Rejected; Employees Not Entitled to Profit Shares or Dividends.</title>
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    <description>Addition of ex-gratia payment by assessee-bank - The view of the AO that the payment is made in lieu of the dividend or distribution of profit cannot be accepted because employees are not entitled to share in the profits as well as distribution of the dividend.</description>
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      <description>Addition of ex-gratia payment by assessee-bank - The view of the AO that the payment is made in lieu of the dividend or distribution of profit cannot be accepted because employees are not entitled to share in the profits as well as distribution of the dividend.</description>
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