Taxability of Directors Salary

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Director salary is taxabale under which head either under "Income from Salary" or "Income from Other Sources"

Replies (1)

Dear HARISH,

Salaries of Whole Time /Functional /Executive Director's -It is taxable under head "Salary"

Salaries of Independent / Partime / Nominee Directors (in the form of Sitting fees, etc) - It is taxable under "PGBP or Other Sources" 


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