What is the difference between Salary & remuneration paid to directors
aashish jaidka
(na)
(34 Points)
Replied 23 March 2010
salary paid to directors is itself managerial remuneration.
managerial remuneration may take the form of monthly payments, say salary or a specified % of net profits or a commission or fee paid for each meeting called sitting fee.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)