Yes, an Executive Committee member can be paid a salary if they dedicate their full time and effort to the Society's activities. This is permissible under the Andhra Pradesh Societies Registration Act of 2001, provided the society's bye-laws clearly define the roles, responsibilities, and remuneration for such members. It's crucial to ensure compliance with income tax regulations, specifically sections 13(1)(c) and 13(2)(c).
11 January 2025
Can salary be paid to an Executive Committee member if he/she is spending their entire time and effort in the activities of the Society ? This Society is registered under Andhra Pradesh Societies Registration Act of 2001
11 January 2025
Yes. The society's bye-laws should outline the conditions under which salaries can be paid. This includes specifying the roles, responsibilities, and remuneration of the Executive Committee members