Commission Paid to Dircetor
This query is : Resolved
19 March 2009
Respected Sir / Madam,
Can a Dircetor or Dircetors of Pvt Ltd Company take Commission in huge amount other then Remuneration received on mothly basis ? What are the norms regarding that ?
Regards
Ashok Kumar Vyas
Can a Dircetor or Dircetors of Pvt Ltd Company take Commission in huge amount other then Remuneration received on mothly basis ? What are the norms regarding that ?
Regards
Ashok Kumar Vyas
13 May 2009
Restrictions regarding managerial remuneration are not applicable to a Pvt. Company.
In a pvt company decision to remunerate a director is subject to the approval of board as well as articles of the company.
Regards
In a pvt company decision to remunerate a director is subject to the approval of board as well as articles of the company.
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
