44 ad taxpayer

[rajesh pandya]

hi, I HAVE PROPRIETORSHIP BUSINESS. I WANT TO KNOW ABOUT IN PRESUMPTIVE TAX CAN SHOW SALARY TO WIFE OR SON OR DAUGHTER.

THANKS

AI Summary

Family Members' Salary in Proprietorship: Legitimate Work Allowed with Proper Documentation Under Presumptive Taxation Scheme A proprietorship business owner inquired about paying salary to family members under the Presumptive Taxation Scheme. Experts confirmed that salary to wife, son, or daughter is permissible if work is genuine, commensurate with their role, and not excessive. While such salary cannot reduce presumptive income, it can be taxed separately in family members' hands, provided the payment is legitimate and supported by basic documentation.