HOW CAN DIRECTOR OF A COMPANY PLAN TAX ???
REMUNERATION FROM COMPANY IS SALARY OR PROFESSIONAL FEES
1 Replies
CA Anoop Tiwari
(Practicing Chartered Accountant)
(135 Points)
Replied 20 July 2014
A director may plan its income tax as by taking below measures:
1) Receive Salary Form the company on which TDS u/s. 192B will be deducted. and
2) Receive remuneration/fees for his professiona expertise on which tds will be deducted u/s. 194J
but he should take care about service tax registration & payment ambit.
In reference to income referred in point no. 2 he can claim expenses made to provide these service and it will reduce his tax burden.
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
