Whether professional fees paid to directors of a company may be disallowed if it is not in excess of market rate?
Whether professional fees paid to directors of a company may be disallowed if it is not in excess of market…
Excessive disallowance
Recent Posts
- Beyond 3 Years: Only PCCIT Approval Valid – Bombay High Court Quashes Reopening
- Section 153D – Prior approval necessary for assessment in cases of search or requisition
- Urgent Request for Extension of Due Dates for Audit cases ITR Filing – AY 2025-26
- From Discounts to Deadlines: The GST Twists everyone missed this week
- Big Alert for Charitable Trusts & Institutions: Apply for Renewal of Registration by 30th September 2025
- Parent Can’t Be Taxed on Minor’s Capital Gains Blocked Under Court Supervision, Holds ITAT
- Telangana HC: Stock Market Trades Cannot Be Branded as GAAR Without Proof of Arrangement
- Significant Economic Presence Redefined: No SEP for Export Procurement under Finance Act 2025:
- A 1993 Property Deal: Court Says Over, Taxman Says Begin
- What if the charitable trust don’t file the income tax return within due date?
