TAXEBLITY OF MANEGIRIAL REMUNARATION

This query is : Resolved

shashikumar.k (Querist)
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02 April 2009 HELLO SIR IM SHASHI
ASPER SECTIONS 198,309,387,349,350 OF CO ACT RELATING MD REM, MY QUERY UNDER WHICH HEAD SUCH REMMUNARATION IS TAXABLE, I BELEIVE IT SHOULD TAXED UNDER SALARY
FOR REMMUNARATION CALCULATION PERK SHOLD NOT ADDED ASPER CO LAW BT WATS THISA IMPLICATION ON MD TAX RETURNS

HUZAIFA HUSSAIN

HUZAIFA HUSSAIN (Expert)
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02 April 2009 DIRECTORS REMN. IS TAXABLE UNDER HEAD INCOME FROM SALARY.

IT IS TAXABLE AS PER IT ACT AND PROVISIONS THEREIN

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