Personal balance sheet
This query is : Resolved
29 July 2016
Hi, One of my executive directors salary level is Rs 100,000 / per month. But if its increased to Rs 3,00,000 / per month, is an Audit or Balance Sheet, required for Him personally. As, Right now, he just Files his return online, being an Individual / Company Director.
Also, is there any Top Limit, for Salary, for Directors, in a Pvt Ltd Company ? WOULD BE HAPPY IF SOMEONE, COULD GIVE A CLEAR ANSWER. MANY THANKS.
AMIT.
Also, is there any Top Limit, for Salary, for Directors, in a Pvt Ltd Company ? WOULD BE HAPPY IF SOMEONE, COULD GIVE A CLEAR ANSWER. MANY THANKS.
AMIT.
30 July 2016
No audit and balance sheet requirements for a salaried person.
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
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
