Dear Friends
Venue of Board Meeting for the Company registered in Pune, Maharashtra is at Germany
Can Sitting Fees be paid in INR for the attending Directors ?
Request your earliest opinions with supportings
Milind
3 Replies
hrishikesh
(Company Secretary)
(54 Points)
Replied 16 October 2014
I think that the fees to be paid should be in the currency of the place where the Board Meeting is being held. So, the fees has to be paid in the German currency.
hrishikesh
(Company Secretary)
(54 Points)
Replied 16 October 2014
I think that the fees has to be paid in the currency of the place where the Board Meeting is being held, which in this case is Germany.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 17 October 2014
Yes Milind...no hard and fast rule for the same......
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
