Return of Income ?

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Mukund Patel (Querist)
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14 July 2010 Hello,

If individual being director of Pvt.Ltd. company get salary from the same company as directorship than in this case which form of incometax return is applicable ?

Please provide me guidance regarding this as fast as possible so that i can render my return..

With expect to co-operation..

MUKUND PATEL

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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14 July 2010 HE is getting salary for directorship, i.e director remuneration, and there is other business income, then ITR 1 will be filed.

Sunil Kr. Sanganeria

Sunil Kr. Sanganeria (Expert)
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14 July 2010 Remuneration from Company as a Director is taxable under the head Income From Salary. If he no income under the head Capital Gain and from Income from Business, ITR 1 is the appropriate Form.

DR GAURAV GUPTA FCA, FCS, LL.B

DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
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14 July 2010 ITR-1

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