Dear Experts,
If a Pvt. Ltd. Company director has its own proprietorship firm ,so under the firm in which head director salary show.
please revert.
Menu
Director Remueration
Replies (2)
Not required to show Director's salary in Firm Account. (Salary is director's personal income, not income of firm)
Director' s salary is charge to tax as income from Salaries in his income tax return..
And income from Proprietorship firm taxed as income from business
Director' s salary is charge to tax as income from Salaries in his income tax return..
And income from Proprietorship firm taxed as income from business
Nop not required
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
