Dear sir,
We have sold first floor of our shop. for Rs 17 Lcas. The WDV of the shop in our books is Rs 3.97 Lcas . We have deducted Rs 17 lacs from WDV. The result Profit on it. Can we claim Remuneration out of it or not.
remuneration
claim
Whether a public Company having Managing Director can pay remuneration to other directors as per Schedule V of the Companies Act,2013.?
directors
other
remuneration
managerial
Dear Professionals,
Kindly resolve the query-
The Pvt Ltd Company has paid salary to its Non-Executive director. Does the approval from the board/shareholders is required or is it exempted?
Whether AOC-2 is required to be filed?
limited
private
director
executive
remuneration
Dear Professionals,
Kindly resolve the query-
The Pvt Ltd Company has paid salary to its Non-Executive director. Does the approval from the board/shareholders is required or is it exempted?
Whether AOC-2 is required to be filed?
limited
private
director
executive
remuneration
Dear Members,
Query is as follows:
There is an increase in remuneration of Mr. _____ (WTD) for which a special resolution is passed in the AGM. As per the explanatory statement the following terms is mentioned:
Salary, Allowances and Perquisites (including benefits, facilities and amenities): Rs. 3,75,00,000 (Rupees Three Crores and Seventy Five Lakhs only) per annum, with the authority granted to the Board of Directors (hereinafter referred to as “the Board” which term shall include in Committee of Directors) to determine the remuneration including inter-se breakup thereof and grant increases from time to time not exceeding 20% per annum but subject to shareholders’ approval in the General Meeting.
Can the above clause be altered in such a way that if the shareholders approve for increase of 20% p.a in this AGM, the shareholders approval would not be required in the next AGM if the remuneration to be paid is increased from 3.75 Cr to say 4 Cr?
Please help in this matter and guide accordingly.
HELLO EVERYONE
IF A DIRECTOR IS NEITHER MANAGING NOR WHOLE TIME NOR INDEPENDENT, HE IS ONLY EXECUTIVE DIRECTOR
THEN UNDER THE REMUNERATION HEAD OF MGT-9, WHERE HIS SALARY SHOULD BE SHOWN
PLEASE ADVISE
query
remuneration
director
A person is working with a private company from last 15 years and getting remuneration of Rs. 20 lakh in 2017 and was appointed as Director non executive professional. He is getting the same salary Rs. 20 Lkah in 2019 also. Company has not changed the terms and conditions or executed any agreement with him. Will this salary be counted as Director remuneration now ? and if yes, then why ?
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director
Dear Members
Please Suggest me
To arrive at the Net profit for the purposes of calculation is the remuneration and bonus paid to directors is allowed as an expenses or it needs to be disallowed and added back to net profit??
As I understand the net profit as per section 198 is PBT and PBT is after allowing these expenses.
Please clarify.
paid
directors
bonus
remuneration
purposes
calculation
profit
1. Is audit Committee recommends to the Board the remuneration of Secretarial Auditor?
2. is it necessary to mentioned the remuneration payable to Secretarial Auditor in resolution of Board?
Pls answer with reference to act/rules/Regulations
auditor
secretarial
remuneration
regarding
resolution
Dear All,
I want to know
How much TDS will be deducted in case of payment of Remuneration to Company's Director?
director
companys
remuneration
Hi We need to appoint MD in one of the public company. I have the following query: 1. while calculating the Net profit which Balance sheet need to be considered 31.03.2017 (audited) or 31.03.2018 (unaudited) 2.and after the appointment of MD if next year the company will suffer loss so will we revised the MD remuneration and need to follow the schedule V?? 3.If a person is MD in two companies one is public and other is Private. remuneration withdraw from private company will be the part of ceiling of MD remuneration??
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managerial
Dear Members, Please tell me that if, there is increase in remuneration of two directors in the beginning of financial year and an ordinary resolution regarding payment of remuneration as per schedule V (in case of loss or inadequate profit) has already been passed, then whether there is need to pass it (ordinary resolution) again if there is increase in remuneration of another director in the middle of Financial year. Thank you
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remuneration
