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sec 197(4)
Is professional services included in managerial remunaration under sec 197
Replies (3)
No, it is not included.
What's remunaration limi if company having no profit or inadequate profit w/o approval Of CG remunaratio to professional director item)(B) Of section 2 Of part 2 Of schedule V
No limit on Remuneration of professional director W.e.f 12/09/2016 professional director is exempted to take CG approval in case of fulfillment of conditions specified in schedule V.
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