Hi
wishes for Holi..
I want to ask u all that can we give Director's Remuneraion in Cash.
Menu
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
Recent Topics :
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
Related Topics :
CAclubindia
