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![Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-Higher-Tax-Rate-Interest-Commercial-Expediency-Attracts-Disallowance-Income-Tax-Act-ITAT-TAXSCAN.jpg "Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]")
Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the payment of a higher tax rate of interest under commercial expediency...
![Higher Remuneration paid to Director of Company can’t be disallowed as there is No requirement to get Approval from Govt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/CA-Firm-Remuneration-Taxscan.jpg "Higher Remuneration paid to Director of Company can’t be disallowed as there is No requirement to get Approval from Govt: ITAT [Read Order]")
