Directors remuneration to a non-active director

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SYAMKUMAR.S (Querist)
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16 June 2016 Sirs,
If a company pays Directors Remuneration to its Director who is Non-Active in its business and not Professionally qualified, Can we allow this salary as an allowable expenses or should be disallowed in computation

RGDS

Syamkumar.S

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 June 2016 Pl disallow for income tax computation of company.

Message likes : 1 times

SYAMKUMAR.S

SYAMKUMAR.S (Querist)
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20 June 2016 Thank you sir, If any director participates in a company's business with out any professional qualification , can we allow this expenses For Example In a company(PVT.TD) Director Acting as a Production Director ( who is only a School Final) , but he performs his duties well, In 3CD We disclosed U/s 40 A 2B as an Auditor can we allow this expenses as allowable

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