https://www.taxtmi.com/caselaws?id=61370 Directors' remuneration was held to fall under the specific disallowance provision for directors rather than the general employee-remuneration rule, and the disallowance was to be recomputed accordingly; commission paid to directors was also excluded from remuneration for that purpose. Weighted deduction was allowed on commission paid for procuring orders and related expenditure. By contrast, the enhanced depreciation rate applied prospectively only, because the prescribed rate affects substantive rights and liabilities and does not operate on pending assessments before the amendment took effect. The assessee obtained partial relief overall. en-us Wed, 29 Jan 1986 00:00:00 +0530 Wed, 12 Jan 2011 14:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61370 Directors' remuneration was held to fall under the specific disallowance provision for directors rather than the general employee-remuneration rule, and the disallowance was to be recomputed accordingly; commission paid to directors was also excluded from remuneration for that purpose. Weighted deduction was allowed on commission paid for procuring orders and related expenditure. By contrast, the enhanced depreciation rate applied prospectively only, because the prescribed rate affects substantive rights and liabilities and does not operate on pending assessments before the amendment took effect. The assessee obtained partial relief overall. Case-Laws Income Tax Wed, 29 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61370