Managerial remuneration in case of private companies

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Nanda kishor V (Querist)
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20 April 2013 Kindly let me know the various provisions applicable in case of providing managerial remuneration in Private Ltd. Companies. I want know whether there is any ceiling limit, and also the applicable provisions in case of loss. Also the TDS amount to be deducted???

Some experts please reply urgently.... This is urgent in to close our books of accounts

Nanda kishor V

Nanda kishor V (Querist)
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20 April 2013 Kindly some experts reply.....please

Nanda kishor V

Nanda kishor V (Querist)
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20 April 2013 Kindly some experts reply.....please

Ankur Garg

Ankur Garg (Expert)
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20 April 2013 Strict provisions of company law regarding managerial remuneration are not applicable to a private company. So you are free to give any remuneration in your private company.
Also check the remuneration provisions of your articles.

Thanks

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