A private Company eligible for 80IC having turnover more than 5 crores is giving salary to its directors ( husband & wife) who also owns major shareholding. They are also directors in another company which has dealings with the first mentioned company.
Now will salary given to husband & wife will come under DTP provisions & what can be the consequences. Can salary of husband and wife will get clubbed in any scenario. What if wife resigned as director & appointed as CFO. Is DTP applicable on turnover of 5 crores or turnover with related parties.
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