Limit for salary to director in pvt ltd company

No limit for Private Company in IT Act 1961 or Companies Act

In case of private limited company the provisions of remunerations are not applicable. The Company may by way of board resolution fix any remuneration to its diretors.
 

However, a company may/ may not file Form 23 to ROC by passing of resolution of payment of managerial remuneration in board meeting.

There is a confusion here.

Since Directors are inttd parties, & they r holding office of profit. So a special resolution in EOGM is better, which requires its own formalities & filing of resoln with the RoC.

Another opinion is that special resoln is NOT reqd for Whole Time Directors !

I seek clarification on the correct proceedure & relevant section / article / case law

Mr. Shard.....

Read your company articles on it.

anyone can describe, Please!!!! 

can income tax raise query about high remuneration paid to pvt ltd directors  upto 80% to 90% of high profit in specific year on the ground that director should have to take Dividend instead of Remuneration ?  is there any limitation on remuneration and is there any compulsion to issue the dividend in the case of HIGH profit ?