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salary income

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 April 2010 can a company or person other than individual have salary income???????
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
13 April 2010 NO.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
13 April 2010 AGREED WITH MR. SANJAY, ONLY INDIVIDUAL CAN HAVE SALARY INCOME.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
13 April 2010 First of all there is no other persons physical presence. They are all only artificial persons i. e. HUF, Firms, Companies, etc. So how can they work for your and get salary?
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
13 April 2010 AGREED, NOT POSSIBLE
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
13 April 2010 not possible
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
13 April 2010 100% not possible
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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2010 sir can u please give me the logic behind this.....
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 April 2010 OK. TAKE IT SIMPLY----

SALARY IS GIVEN TO EMPLOYEE.AGREE.

NOW IF A HUF OR ANY OTHER ENTITY WORKS FOR YOU WILL YOU CALL THAT ENTITY AN EMPLOYEE. NO DEAR. ONLY AN INDIVIDUAL CAN WORK IN THE CAPACITY OF AN EMPLOYEE.

HOPEFULLY YOU WONT NEED ANY FURTHER CLARIFICATION.
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