banner_ad

Directors remunerations

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 April 2017 Dear Experts,
In pvt. Ltd company can we give the monthly renuneration to all the directors. If yes what its criteria?

Thanks In Advance
RAJ KUMAR
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
29 April 2017 Yes Monthly remuneration can be given to directors. There is no specific criteria.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 April 2017 Sir,
Schedule V is partly applicable to pvt. Companies which deal with No & inadequate profit. Assume if we have given monthly remuneration to all the directors . If at the end of the FY we came to know that company has made inadequate profit then in such scenario remuneration may be paid excees to the directors as defined in schedule v
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!




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
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details