advance salary to directors

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SANIA (Querist)
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01 April 2017 can advance salary be given to directors of Pvt Ltd Co.

CA Amrita Chattopadhyay (Expert)
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03 April 2017 Yes, it can be given to the director of private limited company

SANIA (Querist)
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11 April 2017 Ok thanks mam..kindly tell whether it can be given in public company too

CA Amrita Chattopadhyay (Expert)
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12 April 2017 Public limited company has restriction in terms of payments made to the Directors.

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