https://www.taxtmi.com/highlights?id=69164 Addition on account of directors’ remuneration being treated as excessive u/s. 40A(2) - once it is established that remuneration has been paid to directors then Revenue cannot put itself in the arm chair of a businessman to assume the role of ascertainment, how it is a reasonable remuneration having regard to the facts and circumstances of the case. Matter of commercial expediency should be left to the businessman concern or the board of directors - AT en-us Tue, 11 Apr 2023 09:56:27 +0530 Tue, 11 Apr 2023 09:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69164 Addition on account of directors’ remuneration being treated as excessive u/s. 40A(2) - once it is established that remuneration has been paid to directors then Revenue cannot put itself in the arm chair of a businessman to assume the role of ascertainment, how it is a reasonable remuneration having regard to the facts and circumstances of the case. Matter of commercial expediency should be left to the businessman concern or the board of directors - AT Highlights Income Tax Tue, 11 Apr 2023 09:56:27 +0530 https://www.taxtmi.com/highlights?id=69164