My query is regarding whether salary and commission to a reasonable extent be given to directors and members of sec 25 companies.Please guide in this matter.
24 March 2014
Members?? No reason why members shall be given salary. No doubt that, employees of Section 25 company can receive salary from the company , as their services are essential for functioning of the Company. If Director is One of the Employee, then he can also be paid salary.
25 March 2014
My contention of asking is also same if director is working for the company in capacity of employee with heart and soul,They should be paid salary and commission to reasonable extent...
CAclubindia
