Menu
Accounting treatment for directors remuneration
Hi,
The query is regarding treatment of Directors Remuneration in the final accounts of the company. Will the amount paid as Remuneration to directors be reflected in the Profit and loss account? If yes, under which head will it be included.
Kindly Clarify
Replies (3)
yes, it will appear under indirect expenses
Thank you madam.
Can you please clarify as to whether it can be shown under the head "Employee benefit expenses" or not...?
Thanks and Regards
Vignesh P
if such director is an employee, then yes
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
