The Income Tax Appellate Tribunal (ITAT), Mumbai has held that the excess Remuneration paid to the Director of the Government cannot be disallowed since there is no requirement to get approval from the Central Government. In the instant case, the assessee is unlisted closely held company and it was 99.99% subsidiary of M/s Beginninger AG […]
The post Higher Remuneration paid to Director of Company can’t be disallowed as there is No requirement to get Approval from Govt: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2NeI5SN
No comments:
Post a Comment