hi my co. is paying to another co. Rs. 4 Lacs p.m to a director who is director in both the co. will i need to take to prior approval of CG
2 Replies
CA jayalakshmi
(Associate consultant)
(235 Points)
Replied 16 February 2009
Is ur company and that company are private or public company? If both companies are public company there is no need for central govt approval.
Pavan Jain S
(Chartered Accountant)
(1575 Points)
Replied 16 February 2009
Why the payment is made for?
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