Director's Remuneration

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Dear Frdz,

Employee Profession Tax is tobe deducted in case of Remuneration paid to Directors of Pvt. Ltd. Co.???

Replies (3)

Dear Priti,

Directors can be appointed in two categories -

1) As an employee or whole time Directors or Functional Directors - they are generally on rolls of the company like anyother employee & their remuneration will suffer "deduction of professional tax"

2) As a consultant or independent directors - their appointm,ent is not in the capacityof employees & hence their remuneration will not suffer "deduction of professional tax"

Thanx bro

agree with Amir's opinion

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