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Directors remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 February 2013 Can an managing director or a wholetime director withdraw professional fees instead of remuneration??
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Arun Biyani

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Arun Biyani (Expert)
21 February 2013 YES HE CAN.. FOR COMPANIES ACT IT WILL BE CONSIDERED HIS REMMUNERATION, FOR INCOME TAX PROFESSIONAL FEES..
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