Can a PVT LMT company director get paid professional fee by the company?

Wes T (1 Points)

03 April 2024  

I'm a director and majority share holder of a private limited company that provides software services.
I've been the main engineer behind all services provided by the company and taking income in the salary head for last 4 years.
I came to know that I can also claim 44ADA if I take professional fee instead of salary from my company which will reduce my tax burden and compliance significantly.
Is that correct or some rule actually prevents me to do so?