Sitting Fees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 December 2010
Can the company pay sitting fee within the limit of Rs. 20000/Rs.10000 to its chairman even if he could not be present in a Board Meeting? Is it required to be mentioned in the minutes of Board Meeting approving sitting fees?
03 December 2010
sitting fees is paid for attending Board/Commitee meeting as approved within the limit prescribed. If Director is absent, you can't pay sitting fees.
07 December 2010
Agree
Sitting fee can be paid only if the director / chairman is present in the meeting.
Sitting fee can be paid only if the director / chairman is present in the meeting.
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Clubbing of Income - Minor
- Regarding Individuals Retuned to India and Resident currently
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- ERROR IN DEPRECIATION CALCULATION IN PREVIOUS YEAR COMPANY'S BOOKS
- Form 121-contradictory opinions
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
