From the following in which case, Employer-Employee relationship exists and therefore the Income is taxable under the head "Income from Salary"?

CS Executive · Tax Laws · PYQS · December 2023
From the following in which case, Employer-Employee relationship exists and therefore the Income is taxable under the head "Income from Salary"?
(A) Partner of a Firm
(B) Official Liquidator
(C) Member of Parliament
(D) Director of a company receiving fees for attending the board meetings

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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