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Director's sitting fee

This query is : Resolved 
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(Querist)
30 October 2008 Dear all,

1.What is the maximum amount of sitting fee that can be paid by a private limited company to the directors?
2.For how many directors sitting fee can be paid?
3.What if it is paid to the Executive Director?
4.What is the TDS amount on this?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
31 October 2008 1)Can be fixed by Articles.
2)All directors can be paid
3)Answer in 2
4)TDS is based on professional services in my opinion.
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