Menu
WTD/MD
Can we pay sitting fees plus remuneration to a WTD/MD?
Replies (3)
Yes. Sitting fee is in addition to remuneration
Yes... You can.
Yes as per the provisionsof Companies Act 2013, sitting fees can be payable in addition to the remuneration to Directors as per the limits specified in section 197. But sitting fees payable to directors shall not exceed Rupees one Lakh per meeting.And Sitting fees payable to Independent Directors shall not be less than the other Directors
Recent Topic
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
Related Topics
CAclubindia
