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Director Salary

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(Querist)
23 March 2010 Can salary payment to different director in diffrent amt. e.g. Managing Director to rs,450000/- and drector to rs.150000/- and one entery pass in a year of 31st march 2010?
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
23 March 2010 yes, payment to director annual basic is allowed also deduct tds on the same
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
23 March 2010 AGREE
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