Why Director's Salary Charge under Income From Salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 February 2010
Hello Friends i just want to know the difference between why director's salary charge Under income from salary & partner's salary under PGBP.
Its urgent
Its urgent
08 February 2010
Partner is the PART-OWNER of the firm and in this way is having is own business or profession.
Director is an EMPLOYEE of the company in the way other employees are. he is appointed by the shareholders (Owners) for running the co. and gets remuneration in return.
Director is an EMPLOYEE of the company in the way other employees are. he is appointed by the shareholders (Owners) for running the co. and gets remuneration in return.
09 February 2010
For salary income there should be a relation ship of Employer & Employee in case of partnership that relationship is not there
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- TDR receipts for agreement holder
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
