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director is an individual or not

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(Querist)
06 March 2013 Sir, if x is a managing director of a company can x be assessable as an individual under income tax act for calculating his tax liability give the answer with explanation
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CA Suraj Lakhotia

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CA Suraj Lakhotia (Expert)
06 March 2013 X will be an individual. Pls elaborate your query.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 March 2013 X, Managing Director, are always assessable as Individual under Income Tax Act. They need to pay Tax on their income and File income Tax return like any other individual.
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
06 March 2013 Yes, Fully Agreed With Mr. Sanjay's Views.

This is a Basic Question of Income Tax.
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