Directors remuneration
This query is : Resolved
SANGEETHA G
(Querist)
03 December 2011
What is the ceiling limit for payment of directors remuneration?
CA Mahesh Vekariya
(Expert)
03 December 2011
Dear Sangeetha,
For Payment of remuneration to Directors you have to learn the following Section of Companies Act-1956:
Section:198-Overall Managerial Remuneration
Section : 309-Remuneration to directors
Section:310-Central Government approval required for provisions for increase in remuneration
Section :349- Computation of Profit
Schedule XIII- Condition of this schedule
For Payment of remuneration to Directors you have to learn the following Section of Companies Act-1956:
Section:198-Overall Managerial Remuneration
Section : 309-Remuneration to directors
Section:310-Central Government approval required for provisions for increase in remuneration
Section :349- Computation of Profit
Schedule XIII- Condition of this schedule
SANGEETHA G
(Querist)
03 December 2011
Thank you for the valuable information sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
