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This query is : Open
21 September 2011
if a resident person is director in a company of singapore than will profit of the company will also be liable to tax in hands of director or only salary and interest received by director from that company will be liable to tax in india????
21 September 2011
Director & Company are twoo separate entities in the eyes of the law.
The profits of the company cannot be taxed in the hands of the director.
The profits of the company cannot be taxed in the hands of the director.
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