https://www.taxtmi.com/caselaws?id=38959 Additional remuneration paid by a company to its directors under employment-linked resolutions was treated as salary because the payments formed part of their service arrangement and the company alone executed the contracts and bore the profit or loss. The resolutions did not show that the directors were acting as independent consultants or rendering separate professional or technical services. On those facts, the remuneration was taxable as salary and not as business or professional income. en-us Thu, 12 Aug 1976 00:00:00 +0530 Sat, 10 Apr 2010 15:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38959 Additional remuneration paid by a company to its directors under employment-linked resolutions was treated as salary because the payments formed part of their service arrangement and the company alone executed the contracts and bore the profit or loss. The resolutions did not show that the directors were acting as independent consultants or rendering separate professional or technical services. On those facts, the remuneration was taxable as salary and not as business or professional income. Case-Laws Income Tax Thu, 12 Aug 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38959