PT PAYMENT OF DIRECTOR FROM MULTIPLE COMPANIES
This query is : Open
Neeraj Agarwal
(Querist)
08 June 2021
If a person is director in more than one company then all the companies need to pay directors PT of rs 2500/- p.a or any one company paying PT for director is enough
10 July 2021
If the remuneration paid by the companies are in the nature of salary then each of such company has to pay professional tax separately. If director's service to companies are counted as professional services, then director himself has to obtain PT registration and then pay professional tax.
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