banner_ad

Income tax

This query is : Resolved 

15 June 2016 Sir,
I was a director with a Pvt Ltd co. From April 2010 to Nov 13. I was been paid a nominal amount as salary during these period. Total Remuneration was not paid in this period. After a prolonged court case, the company now offer me a out of court settlement.
Now the Question is what are my income tax liability and how do I file the returns.
Please help.
Thanks in advance.


15 June 2016 You should take professional assistance in this scenario. it'll depend on the nature of payment mentioned in the agreement. if you need help, email on kjoshitax@gmail.com We are a separate consulting organisation.

16 June 2016 its depend on the amount which nature they give you. most prob. they give as salary after deducting the TDS.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details