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Commission to working director-shareholder cannot be disallowed merely because assessee-company did not declare dividend
Case Law Details
- Case Name
- Coil Company (P.) Ltd. Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06 to 2007-08
- Courts
- ITAT Delhi
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ITAT DELHI
Coil Company (P.) Ltd. v/s. ACIT
IT Appeal Nos. 1389 (Delhi) of 2009
2648 (Delhi) of 2010 and 425 (Delhi) of 2011
[Assessment Years 2005-06 to 2007-08]
MAY 25, 2012
ORDER
Rajpal Yadav, Judicial Member-In this bunch of three appeals, ITA No. 452/Del/2011 in assessment year 2006-07 is directed at the instance of revenue against the order of Learned CIT(Appeals) dated 18.11.2010. Whereas, in assessment years 2005-06 and 2007-08, assessee is in appeal against the orders of Learned CIT(Appeals) dated 13.2.2009 and 31.3.2010 respectively. The major common issue involved in all these app...



