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2013 (7) TMI 1104

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....d:- 19-7-2013<br>ITA 341/2013 - -<br>Income Tax<br>SANJIV KHANNA AND SANJEEV SACHDEVA &nbsp; For the Appellant: Mr. Sanjeev Rajpal, Sr. Standing Counsel. ORDER This appeal, which relates t....

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.... Income Tax Act, 1961. The respondent-assessee had 12 shareholders and payment has been made to the Managing Director/Director (Operations) in terms of resolution passed by the Board of Directors. The....