Managerial remuneration
This query is : Resolved
CA Shraddha Vora
(Querist)
15 September 2016
Is schedule V applicable to private companies incase there is no profits or inadequate profits for paying managerial remuneration to directors as per Section 197 (11)?
15 September 2016
Schedule V with regards to managerial remuneration is not applicable to private companies.
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