employee defination

This query is : Resolved 

09 June 2009 Is Directors are covered under the employee defination given income tax act 1961

09 June 2009 The term employee has not been defined in IT Act, 1961.
However from case law, Director receiving remuneration from the company are employee of the compnay. But other director receving fees etc are not emplyee and acting in professional capacity.

25 December 2015 https://taxguru.in/company-law/esop.html

25 December 2015 https://taxguru.in/company-law/esop.html

25 December 2015 https://taxguru.in/company-law/esop.html


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