is there income tax on sitting fees received by the director on attending the board meeting ? If on sitting fees tds has been deducted under 194J ie professional will it be taxed under salary or other source.Alka Gaglani, MumbaiThere has to be employer & employee relationship for treating a receipt by a
Is Sitting Fee Paid to Director Taxed as Salary or Income From Other Sources ?
January 18, 2010 by



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