Is Sitting Fee Paid to Director Taxed as Salary or Income From Other Sources ?

0
1592
Print Friendly, PDF & Email

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

This content is for Monthly, annual and Semi Annual members only.
Log In Register