Director Remuneration of Section 8 Companies

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.

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.