Dear all,
As per Companies act 2013, can we make payment to Director (other than MD/WTD) in the form of remuneration in a Private Limited Company?
Expert advise needed.
Menu
Remuneration to director
Replies (1)
You can pay sitting fee upto Rs.1 lac per Board/Committee meeting. [Ref. Rule 4 of Companies (Appointment & Remuneration of Managerial Personnel) Rules 2014.]
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
