Advance against salary for a director

866 views 3 replies
Will advance against salary paid to a director be treated as "Loan to Director" under section 185 of Companies Act, 2013?
Replies (3)

No, but amount of advance should  not be more than salary accrued  but not due.

 

Okay sir. Thank You.

what will be the treatment of advance given to the director of pvt. co.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads
Loading