EASYOFFICE
EASYOFFICE

Commission payable to director of a private limited company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 November 2014 Please help me as I want to know that can Commission be paid to a Promoter Director of a Private Limited Company?
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
24 November 2014 A director or manager may be paid remuneration either by way of a monthly payment or at a specified percentage of the net profits of the company or partly by one way and partly by the other. [Section 197 (6)]

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links