https://www.taxtmi.com/caselaws?id=464352 ITAT CHANDIGARH allowed the assessee's appeal, reversing the AO's disallowance under s.11/13 for salaries paid to four trustees. The tribunal found a 29.43% increase in one year did not render payments unreasonable given the trustees' full-time management of the institution and prior acceptance of such salaries in scrutiny assessments for adjacent years. The tribunal held the aggregate payment (approx. Rs. 30.28 lakh) was not excessive in context and that the CIT(A)'s cancellation of exemption for A.Y. 2014-15 was unjustified. en-us Thu, 25 Jul 2024 00:00:00 +0530 Fri, 24 Oct 2025 19:10:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464352 ITAT CHANDIGARH allowed the assessee's appeal, reversing the AO's disallowance under s.11/13 for salaries paid to four trustees. The tribunal found a 29.43% increase in one year did not render payments unreasonable given the trustees' full-time management of the institution and prior acceptance of such salaries in scrutiny assessments for adjacent years. The tribunal held the aggregate payment (approx. Rs. 30.28 lakh) was not excessive in context and that the CIT(A)'s cancellation of exemption for A.Y. 2014-15 was unjustified. Case-Laws Income Tax Thu, 25 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464352