Section 40a(2)(b)


This query is : Resolved 

(Querist)
13 October 2014 Sir/Mam,

under Section 40A(2)(b) do we need to disclose the commission paid to part time directors in form 3CD??

13 October 2014 Yes. Commission paid to any director requires to be disclosed under Section 40A(2)(b) in 3CD.

siddharth (Querist)
14 October 2014 Sir,

If the commission is not paid and is standing in balance sheet as payable, then??

14 October 2014 Even if kits payable it has to be disclosed.


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