Directors Salary
This query is : Resolved
06 November 2008
The COmpany X is a Indian Private Company. ABC is a foreign director and he is paid salary and not Directors remuneration. Then is there some procedure.. The Board will only take on record that ABC is being paid salary. are there any limits for private company. Directors remuneration is not paid only salary is paid. kindly guide.. send mail to agarwal.sarika@in.kline.com
06 November 2008
A private company is free to fix the remuneration/salary of its director in the manner prescribed by its own articles.
06 November 2008
The articles does not specify anything about the payment of remuneration / salary.. to the directors.
06 November 2008
THen pass a resolution in the BOard meeting.
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
- House Property Reporting in ITR
- TDS Claim year
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- CCFS 2026 Schemed
- Entries in AIS regarding sale of units and shares
- Lease agreement and tax on sale
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Sales amount in Gstr1
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Suggestions required for income tax filing-software (FY 2025-26)
- Tax liability on income of freelancer
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Taxation on LTCG for property sold after 24JUL2024
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
