https://www.taxtmi.com/caselaws?id=173496 The question is whether a corporate payment constituted salary by virtue of a contractual service relationship created in the articles of association. The articles appointed the assessee as Chairman and Managing Director with powers to control and manage, specified duties and provided for remuneration to be voted by the company, thereby creating contractual obligations to perform services. Applying the principle that a director may be an employee where an agreement or articles establish a service contract, the payment was held to be remuneration for services and taxable as salary under the relevant income tax provision. en-us Thu, 07 Mar 1946 00:00:00 +0530 Wed, 16 Sep 2015 18:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173496 The question is whether a corporate payment constituted salary by virtue of a contractual service relationship created in the articles of association. The articles appointed the assessee as Chairman and Managing Director with powers to control and manage, specified duties and provided for remuneration to be voted by the company, thereby creating contractual obligations to perform services. Applying the principle that a director may be an employee where an agreement or articles establish a service contract, the payment was held to be remuneration for services and taxable as salary under the relevant income tax provision. Case-Laws Income Tax Thu, 07 Mar 1946 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173496