banner_ad

Tax Planning for Private Companies

Others 245 views 3 replies
Hii Professionals,

Please help me with the tax planning of private companies.

A private company has 2 directors and these 2 directors are also the shareholders of the company.

We need to pay both these directors a sum of 20 lacs annually to each of them.
Please suggest some way so that tax liability is minimum to both of them because if we pay whole 20 lacs as a salary then they would have to pay a hefty amount of tax.

thanks in advance
Replies (3)
If you wouldn't pay them,you would end up paying 25.17% as companies income tax and if you pay them, directors would pay 21.45% as personal income tax. So it is a very crystal clear proposition
I understood your point but what are the ways through which we can pay to directors other than salary
Director Sitting Fees for attending Board meetings , Imterest on loan take by company from director , Rent for director's car used for business purpose, Rent for director's premise uses for business purpose.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details