Is salary to director allowed as expense to an educational society?

C..a......STUDENT (Querist) 25 November 2013 This query is : Resolved
Can an Educational Society give salary to its Director for the services he renders to the society?

Will it be allowable as an expense to the AOP?

Please reply.

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Devajyoti Barman (Expert) 25 November 2013
academic query.

malipeddi jaggarao (Expert) 26 November 2013
Yes & Yes.

C..a......STUDENT (Querist) 26 November 2013
Thank You Malipeddi Sir....can you please give any proviso in this regard?

Sir, will it make any difference if he is a member of the AOP?

R.K Nanda (Expert) 26 November 2013
consult tax lawyer.

V R SHROFF (Expert) 26 November 2013
nothing to add

Rajendra K Goyal (Expert) 26 November 2013
Consult your tax consultant.

T. Kalaiselvan, Advocate (Expert) 26 November 2013
the salary and other maintenance charges will be computed under the heading of expenses including the salary for the Director and other board members.

C..a......STUDENT (Querist) 27 November 2013
Thank You kalaiselvan Sir .. .. can you please
give any proviso in this regard ?

Sir, will it make any difference if he is a member of the AOP ?

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Is salary to director allowed as expense to an educational society?

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