https://www.taxtmi.com/highlights?id=45660 Disallowance u/s 40A(2) - Educational qualifications and work experience of the directors were ignored as irrelevant because of the low salary/remuneration benevolently and magnanimously accepted by them in the earlier years - Professional and fair conduct in earlier years should not frowned to be treated as a ground to disallow fair and genuine payment u/s 40A(2)(a) en-us Thu, 04 Apr 2019 07:21:11 +0530 Thu, 04 Apr 2019 07:21:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45660 Disallowance u/s 40A(2) - Educational qualifications and work experience of the directors were ignored as irrelevant because of the low salary/remuneration benevolently and magnanimously accepted by them in the earlier years - Professional and fair conduct in earlier years should not frowned to be treated as a ground to disallow fair and genuine payment u/s 40A(2)(a) Highlights Income Tax Thu, 04 Apr 2019 07:21:11 +0530 https://www.taxtmi.com/highlights?id=45660