Rent paid to director/share holder


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2017 Dear Experts,
Our pvt. Company is using the factory of one of the director who is share holder also. Pls let me know can company pay him rent for factory. If yes any limit of rent?

Regards
Anshul

23 February 2017 Yes, Company Can pay rent to Director .You can pay whatever the Market value Prevailing in that area.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2017 Sir. Pls clarify any restriction as per companies act. 2013 and income tax


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details