Director salary is taxabale under which head either under "Income from Salary" or "Income from Other Sources"
1 Replies
Amir
(Learner)
(4016 Points)
Replied 02 February 2010
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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