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Director remuneration

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(Querist)
05 June 2013 Sir plz suggest me how much salary or remuneration should paid to Director on monthly basis as per income tax act for Pvt Ltd Company and can we paid this in cash?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 September 2013 there is no specific limit under income tax. cash payment cannot be paid

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