Hi
wishes for Holi..
I want to ask u all that can we give Director's Remuneraion in Cash.
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director,s Remuneration can be paid in cash
Replies (2)
Hi Happy Holi
I think it is not good for company to pay director's remuneration in cash. Pay this by an account payee cheque only.
Section 40A(3) also applies on Director's remuneration paid in cash.....
So pay it by Account Payee cheque only.
>>Vipul Garg
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