director is an individual or not

This query is : Resolved 

06 March 2013 Sir, if x is a managing director of a company can x be assessable as an individual under income tax act for calculating his tax liability give the answer with explanation


06 March 2013 X will be an individual. Pls elaborate your query.

06 March 2013 X, Managing Director, are always assessable as Individual under Income Tax Act. They need to pay Tax on their income and File income Tax return like any other individual.


06 March 2013 Yes, Fully Agreed With Mr. Sanjay's Views.

This is a Basic Question of Income Tax.



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