EASYOFFICE

Rent paid to director/share holder

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2017 Dear Experts,
Our pvt. Company is using the factory of one of the director who is share holder also. Pls let me know can company pay him rent for factory. If yes any limit of rent?

Regards
Anshul
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
23 February 2017 Yes, Company Can pay rent to Director .You can pay whatever the Market value Prevailing in that area.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 February 2017 Sir. Pls clarify any restriction as per companies act. 2013 and income tax
Upgrade to CAclubindia Pro. Subscribe Now!


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


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links