What are the provisions relating to sitting fees paid to directors for attending board meetings. Is there any min max limit. Whether Board is authorize to pay or members approval required.
Menu
Sitting fee to directors
Replies (6)
Can we do it by passing a board resolutrion?
yes you can mention the same in the board resolution of the particular board meeting
Thanx. can anyone plz forward the draft format of the resolution for sitting fee paid to dir. Thnx in advance.
Recent Threads
- Rcm related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
Related Threads
CAclubindia
