Applcable provision for director remuneration to director
This query is : Resolved
27 August 2010
is there any limit for payment to director as remuneration
whether we have to comply any formality with roc for payment of Remuneration to Diretor like Rs.1.00 Lac per months
whether ceiling of managerial Remuneration is applicable to pvt ltd company.
please suugest
Rakesh Agarwal
9831151250
whether we have to comply any formality with roc for payment of Remuneration to Diretor like Rs.1.00 Lac per months
whether ceiling of managerial Remuneration is applicable to pvt ltd company.
please suugest
Rakesh Agarwal
9831151250
27 August 2010
No limit of remuneration payment in case of pvt. ltd. company.
28 August 2010
Strict provisions regarding managerial remuneration are not applicable to a private company.
No need to intimate ROC for remuneration etc
However being a private company you are requested to check the provisions of your articles regarding remuneration.
Revert if there is any doubt.
Regards
No need to intimate ROC for remuneration etc
However being a private company you are requested to check the provisions of your articles regarding remuneration.
Revert if there is any doubt.
Regards
25 September 2010
No limit. But the reasonablness can be enquired into by ITO in tax proceedings.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Loan by Partnership Firm
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Last year TDS Claim
- Soyabean hsn code and gst rate
- NON- SUBMISSION OF LLP FORM 3
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
