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SALARY QUERY

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09 September 2010 for an amount to be taxable as salary there should be an employer and employee relationship between payer and payee ,the employer can be a firm,individual,company etc......my query is regarding the 'employee' part ...whether any company or a firm can be an employee of another company.....if yes then in which head will that firm or company's income would be taxed??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 September 2010 It cannot be - The meaning of word Employee is specifying a Natural person, a artifical person cannot be an employee with anybody
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