director's jurisdiction for filing ITR
This query is : Resolved
11 August 2010
Whether a director of a PVT LTD or Public Ltd company is bound to file his Income Tax Return in the same jurisdiction as of his Company?
or
he can file his return as per his place of residence?
CA. SANAT PYNE
( Expert )
11 August 2010
YES HE CAN FILE HIS RETURN AS PER HIS PLACE OF RESIDENCE.
Santosh
( Author )
11 August 2010
Thanks for your reply.
Kindly provide us the section No. or circular NO. as the ITO says that it is mandatory to file Director's Return within the company's jurisdiction
or
he can file his return as per his place of residence?
CA. SANAT PYNE
( Expert )
11 August 2010
YES HE CAN FILE HIS RETURN AS PER HIS PLACE OF RESIDENCE.
Santosh
( Author )
11 August 2010
Thanks for your reply.
Kindly provide us the section No. or circular NO. as the ITO says that it is mandatory to file Director's Return within the company's jurisdiction
13 August 2010
Wrong Contention by ITO.
DIRECTOR CAN FILE HIS RETURN AS PER HIS PLACE OF RESIDENCE.
I think you should ask ITO to show where in Income Tax Law it is mentioned that it is mandatory to file Director's Return within the company's jurisdiction.
If company is in Kolkata and Director resides in Mumbai then what? What if the Director is director in 5 comapnies & evry company has different jurisdiction? It is totally wrong contention i have seen many companies where the jurisdiction of company and director are not same and no question has been raised ever.
DIRECTOR CAN FILE HIS RETURN AS PER HIS PLACE OF RESIDENCE.
I think you should ask ITO to show where in Income Tax Law it is mentioned that it is mandatory to file Director's Return within the company's jurisdiction.
If company is in Kolkata and Director resides in Mumbai then what? What if the Director is director in 5 comapnies & evry company has different jurisdiction? It is totally wrong contention i have seen many companies where the jurisdiction of company and director are not same and no question has been raised ever.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Sale of Mutual Funds In Diffirent Financial Years
- CASH GIFT FROM BLOOD RELATIVE
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Old Traces Portal
- Query regarding reporting of exempt foreign remuneration in ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
