Is there any maximum limit regarding payment made to directors for attending board meeting in case of private company in company law, income tax law or any other law?
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Maximum remuneration to directors
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Private company is governed by its MOA and AOA so if mention in the article than it can be possible otherwise special resolution should be passed for alteration.
May Kindly suggest me how Can I Calculate the Remuneration to Parnters in Partnership firm
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