https://www.taxtmi.com/circulars?id=10739 Director remuneration by way of monthly payment or a specified percentage is permissible only where there is a correlation of remuneration to services rendered; companies must satisfy government authorities that directors perform specific services for the company beyond merely attending board meetings. en-us Mon, 23 Mar 1964 00:00:00 +0530 Thu, 16 Jun 2011 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10739 Director remuneration by way of monthly payment or a specified percentage is permissible only where there is a correlation of remuneration to services rendered; companies must satisfy government authorities that directors perform specific services for the company beyond merely attending board meetings. Circulars Companies Law Mon, 23 Mar 1964 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10739