TAXEBLITY OF MANEGIRIAL REMUNARATION

This query is : Resolved 

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

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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