banner_ad

Salary from trust and two companies

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 March 2024 As an accountant, I am deducting TDS under section 192 from the salary received by the person from both the trust and the two companies. Please advise if this approach is appropriate.

Additionally, can an individual receive a salary from two different companies simultaneously?

Please help me
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
12 March 2024 there is no statutory or tax issue here. The employment contract of any of the trust or company may have constraints on additional employment but that does not create any tax issue as such.
Profile Image

Rahul Raj

Profile Image

Rahul Raj (Querist)
12 March 2024 If a person is a director of both a trust and two companies,
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
12 March 2024 makes no difference. The only restriction that may come could be from employment contracts. But that does not have any impact on the taxation part.
Profile Image

Rahul Raj

Profile Image

Rahul Raj (Querist)
12 March 2024 Cleared Sir,Thank you so much
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

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

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details