appointment of nri as consultant in a public limited company
This query is : Resolved
priyanka manawat
(Querist)
13 July 2009
SON OF OUR MANAGING DIRECTOR IS A NRI
OURS IS A PUBLIC LIMITED COMPANY. CAN WE APPOINT SON OF M.D AS A CONSULTANT IN OUR COMPANY. WHAT WILL BE THE PROCEDURE
OURS IS A PUBLIC LIMITED COMPANY. CAN WE APPOINT SON OF M.D AS A CONSULTANT IN OUR COMPANY. WHAT WILL BE THE PROCEDURE
vinod kumar lalwani
(Expert)
13 July 2009
hello!
IF company is going to appoint such person then there is no problem and as appointment is a regular course of activity and co. can do this by the formal way that is applicble for other employees. no additional formalities.
no application of section 314 on this matter.
IF company is going to appoint such person then there is no problem and as appointment is a regular course of activity and co. can do this by the formal way that is applicble for other employees. no additional formalities.
no application of section 314 on this matter.
CA. Anuj Gupta
(Expert)
09 March 2011
Take care as any sum paid to him shall be liable for deduction of TDS u/s 195 of Income Tax Act.
Anuj
9810106211
Anuj
9810106211
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