banner_ad

directors remuneration

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 September 2010 what is the limit for private co. for paying directors remuneration as per companies act..
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
01 September 2010 No limit. But is should be comparable to market rates.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 September 2010 thanks aditya , but if such limits are not specifically mentioned in co. act 1956,then there are possibility that one can give higher remuneration to the directors and there by reduce the profits and thereby avoid tax payments.
Profile Image

mohinder kansal

Profile Image

mohinder kansal (Expert)
01 September 2010 yes, it is also a tool of tax planning. However, remuneration will be taxable in the hands of directos
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 September 2010 thanks a lot mohinder.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details