Director Renumeration to be shown under which head in Profit and Loss A/c in Revised Schedule-VI?
Menu
Director renumeration
Replies (1)
Revised Schedule VI (1956 Act) or Schedule III (2013 Act):
.
Statement of Profit and Loss -> Expenses -> Employee benefits expense (aggregate of expenses on the face of P&L) -> Salaries and Wages (additional information – notes)
.
For this purpose, directors, engaged under a contract of service should be included and those engaged under a contract for service should be excluded.
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
