Hello,
i have a doubt. can we adjust Director loan and director remuneration a/c??
is it allowable under income tax??
PiyushAgrawal (Chartered acooutant in practice) (575 Points)
31 August 2009Hello,
i have a doubt. can we adjust Director loan and director remuneration a/c??
is it allowable under income tax??
Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 04 September 2009
in my opinion and as disscussed with my sinior provision will be applied seperatly as the nature of these 2 are very diff.
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