29 June 2010
Will Form 25C applicable for revision in terms of remuneration of Chairman of the Company for which the Remuneration Agreement entered between the Company & Chairman.
As after going through the Form 25C it mention in point no 4 as only designation for Manager/WTD/MD only.
Will here Form 25C applicable?
Kindly revert.
Thanks!!
It mean "Chairman" deemed to be WTD in case of filing the Form 25C?
29 June 2010
In my opinion, it is required to file 25C in case or revision in the salary of the chairman. As chairman is a director and getting salary for working day to day work of the Company.
CAclubindia
