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?
CS Bijoy
(Expert)
(6394 Points)
Replied 27 August 2011
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.
Franklin
(Propprietor)
(22 Points)
Replied 01 December 2011
May Kindly suggest me how Can I Calculate the Remuneration to Parnters in Partnership firm
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