Easy Office
LCI Learning

Deduction from directors salary

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 July 2011 Dear experts,

Please tell me what is the limit under section 10 for following

1) If a director is paying salary to Driver from his own pocket for using car for personal & Official purpose.

Then can he deduct salary paid to driver from His own salary ? IF yes what is limit ?

2) Also can he deduct petrol expenditure for such car against his Salary income.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
30 July 2011 1) No.
2) No.

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

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