Salary from trust and two companies
This query is : Resolved
11 March 2024
As an accountant, I am deducting TDS under section 192 from the salary received by the person from both the trust and the two companies. Please advise if this approach is appropriate.
Additionally, can an individual receive a salary from two different companies simultaneously?
Please help me
Additionally, can an individual receive a salary from two different companies simultaneously?
Please help me
12 March 2024
there is no statutory or tax issue here. The employment contract of any of the trust or company may have constraints on additional employment but that does not create any tax issue as such.
12 March 2024
If a person is a director of both a trust and two companies,
12 March 2024
makes no difference. The only restriction that may come could be from employment contracts. But that does not have any impact on the taxation part.
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