Directors'remuneration

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 May 2012 Whether it is mandatory to provide for directors'remuneration?If yes then what is the criteria? Our co. has booked directors'remuneration every month in 2011-12 but no single payment has been affected....and directors'a/c is still lying in the accounts...

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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19 May 2012 IT IS NOT MANDATORY TO PROVIDE DIRECTORS REMUNERATION, IN CASE OF LOSS REMUNERATION MAY BE FOREGONE BY THE DIRECTORS

HAVE U DEDUCTED THE TDS ON THE REMUNERATION BOOKED?

WHAT IS THE REASON FOR NOT MAKING PAYMENT TO THE DIRECTORS ? IS THERE A FINANCIAL CRUNCH

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