Can businesse promotion expenses paid by company to director of the company, come under perquisite?
please clarify
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Quick Summary
This discussion explores whether business promotion expenses paid by a company to its director can be classified as a perquisite. The consensus suggests it typically is not a perquisite. However, if structured as remuneration, it forms part of the director's salary. If paid on a percentage basis, it may be considered commission, subject to company resolutions and specific circumstances.
If it is in the form of remuneration then it's a part of salary. if it's on percentage basis then it's commission subject to company resolution. it all depends upon facts and circumstances.
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