CIT couldn’t disallow incentive payments without giving opportunity to assessee to justify payments

INCOME TAX: Without show causing assessee, Commissioner could not presume that incentive had not been actually paid to employees; addition of incentive was not sustainable

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194862/cit-couldn’t-disallow-incentive-payments-without-giving-opportunity-to-assessee-to-justify-payments.aspx