salary of a resident director whether taxable
This query is : Resolved
14 November 2008
sir,
i wanted to know whether a indian citizen who is a resident in india is a resident of foreign company and the director receives his salary outside india .my question is whether the salary received by him would be taxable in india if taxable then under which provisions of the income tax.
i wanted to know whether a indian citizen who is a resident in india is a resident of foreign company and the director receives his salary outside india .my question is whether the salary received by him would be taxable in india if taxable then under which provisions of the income tax.
14 November 2008
See section 5.
17 November 2008
It depends upon the residential status. refer the provisions of Section 5 of IT act.
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