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Director remuneration is treat as salary to directors on preparation of financials of a company . Means we use salary to directors instead of director remuneration .
Answers (10)
Thread Starter
Balamurali Unnithan M SSir , if gst applicable on director remuneration , its not applied , then we can treated as salary paid to directors ?
GST will not be applicable if there is employer and employee relationship.
Thread Starter
Balamurali Unnithan M SDirector can treated as employ?
There is no restriction under the Act, that a director cannot be an employee to the company. A director is an employee if he holds a salaried employment and thus enjoys all the benefits which are given to a regular employee. A Managing Director is a director who holds such position.
Thread Starter
Balamurali Unnithan M SMam ...last sentence , explains once more?
A managing director is employee of the company