Whole time director
This query is : Resolved
12 July 2013
Whether it is mandatory to take whole time director on payroll under companies act 1956 if the company is paying managerial remuneration by deducting the TDS u/s 192b.
12 July 2013
Hi
Yes, if you are paying him a remuneration then it will be covered under pay role.
Yes, if you are paying him a remuneration then it will be covered under pay role.
17 July 2013
Can you please provide me the reference, that were in the act the said is written.
17 July 2013
read proviso of section 269, it cover whole time director as whole time employee. And if he is treated as employee then it will be covered under pay role.
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