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Director remuneration and partners salary

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(Querist)
23 December 2014 Can an individual earn director's salary from p. Co. and partners salary from a partnership firm at the same time?
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Ganeshbabu K

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Ganeshbabu K (Expert)
24 December 2014 Yes.If an individual is a director and also partner.

He can earn remuneration from company and also from where he is partner.

remuneration from company is taxable under head salary

Remuneration from firm is taxable as business income

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