https://www.taxtmi.com/caselaws?id=424467 The Tribunal dismissed the appeal challenging the CIT(A)'s decision to delete additions made by disallowing part of the remuneration to directors under section 40A(2)(b) of the IT Act. The Tribunal emphasized that the AO failed to justify the excessive remuneration and consider turnover increase and directors' efforts. Additionally, the Tribunal held that it was impermissible for the revenue to challenge an order in one case and accept it in another without valid reasons, leading to the dismissal of the appeal. en-us Wed, 29 Jun 2022 00:00:00 +0530 Fri, 01 Jul 2022 09:33:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424467 The Tribunal dismissed the appeal challenging the CIT(A)'s decision to delete additions made by disallowing part of the remuneration to directors under section 40A(2)(b) of the IT Act. The Tribunal emphasized that the AO failed to justify the excessive remuneration and consider turnover increase and directors' efforts. Additionally, the Tribunal held that it was impermissible for the revenue to challenge an order in one case and accept it in another without valid reasons, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 29 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424467