Company directors exp. & salary.


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Querist : Anonymous (Querist)
02 April 2012 which expenses allowed for company directors.
& what is the limit of salary/honorarium for company director or proprietor.

Thankig you
satyam

02 April 2012 All Official expenses of directors spent on behalf of the company are allowed.
In case of salary, maximum of 11% of net profit only can be paid to directors.


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