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Limit of director remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2012 Is there any limit for Director Remuneration for private limited company under Companies Act?
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CA. SUDHARSAN K G

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CA. SUDHARSAN K G (Expert)
26 June 2012 No limit to private companies as per the Companies Act.

AO may disallow by the virtue of section 40(A)(2) if it is unreasonable.

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