NDTV WORLDWIDE LTD,NEW DELHI vs. DCIT 18(1), NEW DELHI
ITA 1180/DEL/2019[2014-15]Status: DisposedITAT Delhi29 Jul 2024AY 2014-15
Bench: Shri G.S. Pannu & Shri Anubhav Sharmandtv Worldwide Ltd, Vs. Dcit, Okhla Industrial Estate, Circle-18(1), Phase-Ii, New Delhi New Delhi (Appellant) (Respondent) Pan: Aaccn9121G
For Appellant: Shri Rohit Tiwari, Ms Tanya &For Respondent: Shri Sandeep K Mishra &
Section 1Section 142Section 143Section 143(3)Section 2Section 3
Then it can be appreciated that as far as excess remuneration is concerned the Directors have liability to refund excess remuneration and Section 197(9) of the Companies Act 2013 stipulates that if any director draws or receives, directly or indirectly, by way of remuneration any such sums in excess