https://www.taxtmi.com/caselaws?id=37214 The High Court ruled in favor of the assessee, holding that the remuneration paid to the directors was justified based on their roles, services rendered, and legitimate business needs. The Court emphasized the need to evaluate each case individually and upheld the Tribunal's decision to allow the remuneration under Section 40(c) of the Income Tax Act. en-us Fri, 13 Jul 1979 00:00:00 +0530 Sat, 27 Mar 2010 14:13:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37214 The High Court ruled in favor of the assessee, holding that the remuneration paid to the directors was justified based on their roles, services rendered, and legitimate business needs. The Court emphasized the need to evaluate each case individually and upheld the Tribunal's decision to allow the remuneration under Section 40(c) of the Income Tax Act. Case-Laws Income Tax Fri, 13 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37214