Return of Income ?

This query is : Resolved 

14 July 2010 Hello,

If individual being director of Pvt.Ltd. company get salary from the same company as directorship than in this case which form of incometax return is applicable ?

Please provide me guidance regarding this as fast as possible so that i can render my return..

With expect to co-operation..

MUKUND PATEL

14 July 2010 HE is getting salary for directorship, i.e director remuneration, and there is other business income, then ITR 1 will be filed.

14 July 2010 Remuneration from Company as a Director is taxable under the head Income From Salary. If he no income under the head Capital Gain and from Income from Business, ITR 1 is the appropriate Form.



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