Is there any cap on Director/Managerial Remuneration in cases of a Private ltd Company?
Menu
Cap on Director Remuneration
Replies (1)
Hi,
Strict provision of managerial remuneration are not applicable on private company. You may give any remuneration to the directors of a private company. However be careful about the applicability of section-314 i.e. office or place of profit as section 314 is applicable on a private company.
Revert if there is any doubt.
Recent Threads
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
Related Threads
CAclubindia
