Hello
If a private limited company has zero revenue for last 2 years, can it's director draw salary if the company finances such amount through inter corporate loans?
1 Replies
sabyasachi mukherjee
(27595 Points)
Replied 03 August 2024
Salary as per norms can also be declared as nil, since profit is not at all adequate
Recent Topics
- Gratuity Trust for IT company
- Rule 86B on utilisation of ITC
- GST Notice U/S46
- Download of list of eWay bill of inward supply
- GST Registration & ITC Eligibility
- Income Tax Act rollout schedule
- ITC ELIGIBLEITY
- Legal Services RCM
- Accounting for charitable religious institute
- GSTR -9 FY 23-24 related Query
Related Threads
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
