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Co-op Bank remuneration is taxable
a person in a co-op bank chairman received Salary is taxable under salary head or other sources ?
Replies (3)
Quick Summary
Yes, Salary is taxable under Salary Head
Thank Q
If he received Salary and TDS U/s 192 was deducted on the same, then the Income shall be chargeable to tax under the head "Income from Salary". However if he received any remuneration liable to deduct TDS U/s 194J, then it shall be taxable under the head "Income from Other Sources."
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