Director remuneartion
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 February 2012
Can a director of a private ltd. company draw its remuneration in form of the professional charges instead of salary.
If yes then what are the formalities required for the same.
Thanks.
If yes then what are the formalities required for the same.
Thanks.
16 February 2012
Hi
Yes, in case of private company their is no restriction on payment of remuneration because the provisions of remuneration will not apply to private company but they govern its own articles.
Regards
Ajay Mishra
Yes, in case of private company their is no restriction on payment of remuneration because the provisions of remuneration will not apply to private company but they govern its own articles.
Regards
Ajay Mishra
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
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Machinery taking back from repair work shop
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Composite medical service contract
- TAX TREATMENT OF COMMODITY
- New old regime
- Sale of old gold ornaments
- Tax Audit Mandatory or Optional
- Rebate U/S 87A on Short Term Capital Gain on Sale Of Property .
- Stop filling ITR
- LLP audit under companies act
- Income tax return change regime form necessary or not?
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
