Dear Sir/Madam,
Where can I show Remuneration payment to directors as per Schedule III of companies Act,2013. whether can I show under Employees Benefits or Other Expenses.
Please suggest me in this issue.
Thanking you in earlier.
srini srinivas (17 Points)
22 January 2019Dear Sir/Madam,
Where can I show Remuneration payment to directors as per Schedule III of companies Act,2013. whether can I show under Employees Benefits or Other Expenses.
Please suggest me in this issue.
Thanking you in earlier.
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 22 January 2019
You can write a heading naming "Directors remuneration" and show under that.
srini srinivas
(17 Points)
Replied 22 January 2019
| Originally posted by : Ruchika Somani | ||
 |
You can write a heading naming "Directors remuneration" and show under that. |  |
Thank Mam for suggestion but I have a doubt , as per Schedule III of companies act,2013 's Profit & loss account, is it allowing to add like that extra rows otherthan what mentioned in that schedule, I think we can't add like that
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 22 January 2019
No, additions are allowed
Harshavardhan
(student)
(138 Points)
Replied 22 January 2019
No. You can add other rows that were not mentioned in schedule.
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