Managerial remuneration according to schedule V
This query is : Open
30 June 2016
The limits given in schedule V of companies act 2013 for Mangerial remuneration, it say's about a single manager/director or all Managers/directors as a whole.
As act says ."A mangerial remuneration " I am confused it says the total limit of mangerial remuneration or limit of a single manager .
Message likes :
1 times
30 June 2016
According to section 197, read with schedule 5 , the managerial remunerations means agregate of all managerial remuneration payable to all directors of the company including managing director, whole time director, independent director netc.
Message likes :
1 times
30 June 2016
Thank u 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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Can partnership firm show income under 44ad
- Banking Related Issue
- Rental income of jointly held property
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
