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Director's Remuneration
If director's remuneration is shown as payable in financials as at 31st March, 2017 then will that director's salary be shown in director's report (In MGT-9)?
Replies (6)
Yes....
As of receivable...
As of receivable...
Thanks for the reply. One opinion which i received was it will not be included coz it is not paid yet and as no money is paid we can't mention it as salary in DR, would u like to add something to it?
Please explain once again...!
In case you can't show it no more restrictions. But, It ll be reflect in your FY accounts...!
The case is dat one of the director's salary is shown in notes to account as payable 1,80,000 however whole salary is outstanding as at 31st March, 2017. And in DR the head is "Remuneration of Directors and KMP" so my question is under this head should we mention the salary of the director whose whole remuneration is outstanding?
Yes....
You can. But, It's already reflect in your PandL..... Same is Directors Personal ITR...
So as per ur opinion salary should be reflected in DR too, right?
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