Director

This query is : Resolved

pradeep sethia (Querist)
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06 March 2009 Can a Director be treated as an employee of an co.

Any Personal Exp of the Director if Paid by the company can be treated as a perquisites or not

Please give me reply as far as possible

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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06 March 2009 Yes, we can pay salaries to directors.

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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06 March 2009 There will be two options in this case:

1. You can post these personal expenses payments to Directors current/loan account.

2. You can treat thses perqs.

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