Director's remuneration of Pvt. Ltd. Co

Lila (Job) (490 Points)

14 December 2020  

There is no limit on director's remuneration for a Pvt. Ltd. co. under companies Act. Now, are there any limits specified under income tax act or there also, whatever is paid is allowed as a deduction. Also, pls suggest if there are any other rules / limits around it.