Monday, June 30, 2014

[aaykarbhavan] Payments of commission at higher rate to son of partner without business expediency attracts sec. 40A(2)




 

Payments of commission at higher rate to son of partner without business expediency attracts sec. 40A(2)

June 30, 2014[2014] 46 taxmann.com 171 (Allahabad)
IT : Where there was no commercial consideration or business expediency for payment of, excessive commission, payment of commission should be restricted to sum as allowed to other workers
Regards
Prarthana Jalan


__._,_.___
Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com




__,_._,___
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)