Director Remuneration arrear

This query is : Open

Neha Jain (Querist)
Follow

25 July 2016 Good Evening experts Director Remuneration of March 2016 month is accrued by public limited company in F Y 2015-16 but payment made by company in FY 2016-17. In which year this remuneration will be taxable on the hand of Director.

Soumitra Basu

Soumitra Basu (Expert)
Follow

27 July 2016 Salary is taxable in accrual basis whether in private or in government. Therefore, Director Remuneration, is considered to be salary, for the month of March, 2016 shall be treated as income in the Financial Year 2015-16 relevant to the assessment year 2016-17

Neha Jain

Neha Jain (Querist)
Follow

27 July 2016 Thank you....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. Urmila Mahalwal

Dalbir Singh Wadhera

Rajesh

RAGHUNATH KASIBHOTLA

SARAVANAN PALANISAMY

Subscribe Now

Director Remuneration arrear

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

GST CONSULTANT

Article Assistant

CA Final

Accountant