Director's remuneration
Riswana EP (STUDENT) (22 Points)
20 July 2020
can remuneration be paid to directors of a private company un case of loss?
2 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 23 July 2020
There is no limit on remuneration for Private Limited Companies. They can pay any amount of remuneration without comply with provision of Section 197.
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