{"id":54265,"date":"2025-05-17T11:50:28","date_gmt":"2025-05-17T06:20:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/egberts-india-pvt-ltd-2024-chambers-journal-july-p-123-chennaitrib\/"},"modified":"2025-05-17T11:50:28","modified_gmt":"2025-05-17T06:20:28","slug":"egberts-india-pvt-ltd-2024-chambers-journal-july-p-123-chennaitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/egberts-india-pvt-ltd-2024-chambers-journal-july-p-123-chennaitrib\/","title":{"rendered":"Egberts India Pvt Ltd (2024) Chamber\u2019s Journal-July-P. 123 (Chennai)(Trib)"},"content":{"rendered":"<p>Held that Salaries paid to director cannot be disallowed on the ground that salaries paid in earlier year was less than the relevant year. The AO could not bring any material to demonstrate that the remuneration is excessive as per market rates.\u00a0 Disallowance is deleted.(AY. 2018-19)(ITA No. 1369\/ Chny\/ 2023 dt. 10-6 2024)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(2) : Expenses or payments not deductible-Excessive  or unreasonable-Salaries paid to director cannot be disallowed on the ground that salaries paid in earlier year was less than the relevant year-Burden is on revenue to demonstrate that the remuneration is excessive as per market rate-Disallowance is deleted.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-54265","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e7f","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=54265"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54265\/revisions"}],"predecessor-version":[{"id":54266,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54265\/revisions\/54266"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}