Easy Office
LCI Learning

salary income

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 April 2010 can a company or person other than individual have salary income???????
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
13 April 2010 NO.
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
13 April 2010 AGREED WITH MR. SANJAY, ONLY INDIVIDUAL CAN HAVE SALARY INCOME.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
13 April 2010 First of all there is no other persons physical presence. They are all only artificial persons i. e. HUF, Firms, Companies, etc. So how can they work for your and get salary?
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
13 April 2010 AGREED, NOT POSSIBLE
Profile Image

CA Devanshi Gandhi (Ajani)

Profile Image

CA Devanshi Gandhi (Ajani) (Expert)
13 April 2010 not possible
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
13 April 2010 100% not possible
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 April 2010 sir can u please give me the logic behind this.....
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
14 April 2010 OK. TAKE IT SIMPLY----

SALARY IS GIVEN TO EMPLOYEE.AGREE.

NOW IF A HUF OR ANY OTHER ENTITY WORKS FOR YOU WILL YOU CALL THAT ENTITY AN EMPLOYEE. NO DEAR. ONLY AN INDIVIDUAL CAN WORK IN THE CAPACITY OF AN EMPLOYEE.

HOPEFULLY YOU WONT NEED ANY FURTHER CLARIFICATION.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links