Use of companies property by directors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 June 2014
The Directors of a company are using Companys' property for residential purpose without any consideration being paid.
What will be the tax implications for the Directors and for the company itself?
What will be the tax implications for the Directors and for the company itself?
10 June 2014
should be included in taxable perquisites if the directors are executive directors.
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