TDS u/s 192 deductible on commission paid to whole time director as it forms part of salary

Indofil Industries Limited Vs CIT (ITAT Mumbai)

ITAT Mumbai held that assessee is liable to deduct tax at source in respect of commission expenses payable to the whole time directors under section 192 of the Income Tax Act only, as the same shall form part of their salary payment only.

Facts- The assessee company is engaged in the business of manufacture and sale of chemical items. During the course of assessment proceedings, AO noticed that the assessee has booked commiss

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