Director remuneration disallowance
This query is : Resolved
06 December 2025
Need a reply..a company which has outstanding payable with regard tobdirector remuneration for years ... company not in a position to repay as due to loss....so can we treat that as income and write off through pand l account as gst is not paying as remuneration for working director..pls clarify..and we are showing like that how to make disclosure in director report and audit report
06 December 2025
Yes, you may treat old unpaid director remuneration as income and write it back in P&L — but only after getting a formal waiver from the director and passing a board resolution. GST is not applicable for executive director salary. Proper disclosure must be made in:
Director’s Report
Notes to Accounts
Audit Report (CARO, if material)
Director’s Report
Notes to Accounts
Audit Report (CARO, if material)
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