banner_ad

Director Remuneration of Section 8 Companies

Co Act 2013 1995 views 6 replies

Hello Everyone

I want to know that how much remuneration can be paid to the Director of  Section 8 Companies ?

Replies (6)

you can pay a reasonable amount. However, in case the director is also a member, then please follow the restrictions placed by section 13 of the Income-tax act.

@ Mr Nikhil Kaushik Sir...

Is there any restriction/limits for Pvt Ltd company to pay DIRECTOR SALARY...???

no. But in this case ie Section 8 company, there are restrictions placed in the Income-tax Act. 

Originally posted by : Nikhil Kaushik
no. But in this case ie Section 8 company, there are restrictions placed in the Income-tax Act. 

Okay sir thank You.

Yes, I asked other than sec 8company.

 

One more doubt...

In a pvt Ltd company one of a director is uneducated. He is the highest shareholder.

So, he received director salary and increased every year.

 

Is this possible...?

Is any issues face the company in future...???

no. there is no issue as such. Even from tax perspective, higher salary is good only for tax authorities! his education has no link to his salary. 

Thank You for the clarification Sir...


I can't understand this one "higher salary is good only for tax authorities!"

please clear this


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details