Tax Implication on Retainership
This query is : Resolved
06 May 2009
1.What r the Tax implication on the Retainership earning of the Chairman from his company???
2. Can he claim any expense or save any income from Tax???
3.Can he adjust his earning against Business Loss of the company???
2. Can he claim any expense or save any income from Tax???
3.Can he adjust his earning against Business Loss of the company???
07 May 2009
1. taxable under PGBP
2.YES, He can claim.
3.No. he cant adjust against loss of co.
2.YES, He can claim.
3.No. he cant adjust against loss of co.
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