M/s K L CONCAST PVT LTD VERSUS ADDL COMMISSIONER OF INCOME TAX RANGE-5, NEW DELHI - Income Tax - ITAT DELHI - Tri - Allowance of deduction on commission paid to Managing Director u/s 36(ii) of the Income Tax Act Held that - Reliance has been placed upon the judgment in the case of AMD Metplast P.Ltd. 2011 (12) TMI 320 - Delhi High Court , wherein it has been held that in terms of the board resolution the Managing Director was entitled to receive commission for services rendered to the company................................... Income Tax - Case Laws
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