Bonus paid to employees or shareholder by a company can get tax benefit: ITAT


According to the details of the case, a stock broking company in 2011-12 had paid Rs 5 lakh to two directors as bonus and incentives. This was over and above the remuneration they were receiving. In a normal course the remuneration given to employees and directors is considered as an expense for the company and that can avail tax benefits as per the current regulations.

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