Whole time director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2014
WHETHER WHOLE TIME DIRECTOR SHALL BE TREATED AS EMPLOYEE FOR THE PURPOSE OF SECTION 217(2A), PARTICULARS OF EMPLOYEES IN DIRECTORS REPORT??
CS Mitesh Mehta
(Expert)
07 October 2014
Yes.
Whole-time director is treated as an employee
Whole-time director is treated as an employee
Ankur Garg
(Expert)
07 October 2014
Yes WTD will be treated as an employee from the point of view of disclosure of his remuneration. You are further advised to show his CTC for compliance of section 217(2A).
Many company tend to avoid disclosure on the basis of take home salary which is not a correct view.
Thanks
Many company tend to avoid disclosure on the basis of take home salary which is not a correct view.
Thanks
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