Payment to directors
This query is : Resolved
09 March 2013
i have formed a pvt.ltd co. this year with a paid up capital of rs.500000. i want to know is there any provision regarding amount to be paid to directos. i am willing to pay my two directors rs.20000 each, can i do so
09 March 2013
Hi
If you are paying him as remuneration then no issue. Because, the provision of remuneration to director of Companies Act, 1956 is not applicable to private limited company.
If you are paying him as remuneration then no issue. Because, the provision of remuneration to director of Companies Act, 1956 is not applicable to private limited company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registration in the state of maharashtra
- Service Provider GST
- 26B Form submission
- Input tax credit on modular office kitchen
- What is turnover in case of intra day trading?
- Input tax credit on officw kitchen furniture fixed to wall and drawers
- TDS on amenities like electriity / transformer
- ITR for AY 2025-26
- TDS on advance amount paid to builder
- TDS Error 24Q Q4
- Query regarding filling form 112 during articleship
- Input Credit available in Credit ledger
- If the GSTR1 filed after due date and the invoices mentioned GSTR1-A, will we be able to claim ITC o
- REGARDING RETIREMENT OF PARTNER
- Regarding consequences of retirement of partner in firm
- Time Limit for Availment of ITC laying in ITC Reversal Ledger
- Tally entry - Debit note
- Debit Note of GST amount
- Regarding ITC taken or not
- GSTP registered individual should apply gstin for trading business
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
