Director being employee & his ceiling

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rashh (Querist)
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19 May 2014 hello

can u tell me can a director be termed as an emloyee of a company?

if yes den wats d ceiling of his remuneration??

here does dat 60L ceiling applies or dat 11% of net profit applies??
kindly clarify my doubt.
& wen both of the above ceiling applies??

Sandeep Dharar

Sandeep Dharar (Expert)
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19 May 2014
No, a director is a professional n not an employee.

rashh

rashh (Querist)
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19 May 2014 but sir u check dis out..
https://www.caclubindia.com/forum/can-a-director-or-director-s-be-employee-of-the-company-83796.asp#.U3nC2NKSzSs

Sandeep Dharar

Sandeep Dharar (Expert)
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19 May 2014 Dear Rashh this is for Whole time Directors. Not all directors r regarded as Employees.

rashh

rashh (Querist)
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22 May 2014 oh ok so u mean oly a whole time Director can b regarded as an employee???
an not all?

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