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 the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


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
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details