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Section 40a(2)(b)

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 February 2016 Dear Experts, there is No limit in pvt. company for remuneration to directors plZ clarify in this case weather section 40a(2)(b) will be applicable or not... Regard Ramesh Chandra

14 February 2016 No, it is not applicable to Company. It applicable only FIRM.

14 February 2016 No, it is not applicable to Company. It applicable only FIRM.


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 February 2016 sir.. A pvt. company has hold 15 directors there intention to withdraw the profit.. even in this case section 40a(2)(b) Not applicable...



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