https://www.taxtmi.com/caselaws?id=459140 Disallowance of salary paid to related parties under section 40A(2)(b) requires cogent material showing that the remuneration is excessive or unreasonable having regard to market value and services rendered. An ad hoc estimate, including a bare assumption that similar personnel could be hired at half the salary, is insufficient where no comparable cases or other evidence are produced. On that basis, the salary disallowance was held unsustainable and deleted, granting relief to the assessee. en-us Wed, 30 Aug 2023 00:00:00 +0530 Mon, 02 Dec 2024 13:10:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459140 Disallowance of salary paid to related parties under section 40A(2)(b) requires cogent material showing that the remuneration is excessive or unreasonable having regard to market value and services rendered. An ad hoc estimate, including a bare assumption that similar personnel could be hired at half the salary, is insufficient where no comparable cases or other evidence are produced. On that basis, the salary disallowance was held unsustainable and deleted, granting relief to the assessee. Case-Laws Income Tax Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459140