Company's Consultancy Fees to Directors Deemed Legitimate by Tax Authority; Extra Charges Dismissed by CIT Appeals.

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....Genuineness of expenditure - Consultancy charges paid to three directors of the assessee company over and above the remuneration - these directors are separately assessed to tax and have duly declared the consultancy charges received from the assessee company and paid due taxes thereon. - CIT(A) rightly deleted the additions - AT....