Director remuneration


This query is : Resolved 

pro badge (Querist)
17 August 2011
Sir,

Can Director remuneration can be treated as Salary or Separate Account should be Mainatain As director Remuneration

Can director can take Salary in place of remuneration

17 August 2011 Director REMUNERATION ACCOUNT SHOULD BE MAINTAIN SEPARATELY, THIS IS THE REQUIREMENT OF THE COMPANIES ACT ....

salary ALWAYS PAID TO EMPLOYEE OF THE ORGANIZATION.. Directors are not employee of the company therefore director can not take Salary in place of remuneration

madhu Reddypro badge (Querist)
17 August 2011
Thanks sir,

So director of a company is a representative
Agent of a company


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