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Dr. Vinok K. Singhania on the Income-tax Act, 1961
  • Attence of lady director

    by suresh on Saturday, November 28, 2015 at 04:24 PM

    sir, during course of assessment, AO issued summon to one of the lady director. as the company has paid her remunertion of Rs 12 lacs during the year. it is true that she has not done any work in the company. my question is if she does not attend the office , what will be consequenses : besides levy of penalty of Rs 10000

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