Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Discussion > Income Tax > Tax queries >

Taxability of honorarium

    Post New Topic
Pages : 1





student

[ Scorecard : 50]
Posted On 04 October 2011 at 13:42 Report Abuse

DEAR ALL,

PLZ HELP ME OUT IN THIS

CAN HONORARIUM BE TAXED UNDER THE HEAD PGBP? 

A PERSON WHO IS A DIRECTOR IN A CO. RECEIVES HONORARIUM FROM THAT CO.,UNDER WHICH HEAD THIS WOULD BE TAXED?


Online classes for CA CS CMA



C.A SHASHANK GOYAL
Chartered Accountant

[ Scorecard : 362]
Posted On 04 October 2011 at 14:09

Hi , I am of the opinion the honorarium should be prima facie taxable under the head income from other sources , but further depends upon the conditions , say , if directors is in whole time employment of the company , then it can be made taxable under the head salary , because it must have received due to professional services received . If not in employment than it can be made taxable under the head bussiness and profession , if honorarium is received for his professional services rendered and if not for his professional services than income from other sources . 





MADHUSUDAN THAKUR
Student

[ Scorecard : 26]
Posted On 31 December 2011 at 16:45




MADHUSUDAN THAKUR
Student

[ Scorecard : 26]
Posted On 31 December 2011 at 16:47

Dear frnds,

If honorarium received as scientist/professional, under which head it would be taxed..??

plz explain ..



There are 3 Replies to this message








Related Files








Related Threads


Post your reply for Taxability of honorarium



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.




Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top