https://www.taxtmi.com/caselaws?id=57126 Remuneration and director's fee paid to directors were not treated as excessive where the company, though not carrying on active business, had income from partnership interests and the directors were attending to its interests in those firms. On those facts, the tribunal found that the total payments were justified and the disallowance was not warranted. The deletion of the addition was upheld in favour of the assessee. en-us Wed, 14 Nov 1979 00:00:00 +0530 Wed, 08 Dec 2010 15:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57126 Remuneration and director's fee paid to directors were not treated as excessive where the company, though not carrying on active business, had income from partnership interests and the directors were attending to its interests in those firms. On those facts, the tribunal found that the total payments were justified and the disallowance was not warranted. The deletion of the addition was upheld in favour of the assessee. Case-Laws Income Tax Wed, 14 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57126