banner_ad

Accounts and income tax query

Others 252 views 1 replies
Directors remuneration subject to approval by shareholders is shown as payable in audited financial statements, the shareholders do not approve the same.
whether the adjustment for same be made in next year and what will be the impact on tax liability, will tax liability increase for the year in which remuneration is claimed as expense or in the next year when correct adjustment is made?
Replies (1)

A salary or fee paid to a director who is an employee or who provides some other non-directorial service to the company: Does not need to be approved at General Meeting according to section 169 of the Companies Act but must be approved by the Board of Directors


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details