https://www.taxtmi.com/circulars?id=11007 Approval for appointing relatives to offices or places of profit must be supported by special resolutions that specify the nature and quantum of perquisites proposed, and such perquisites must be of the same kind and rate as those granted to other employees of equivalent grade. Companies should attach evidence, such as company rules or auditor certificates, with applications to demonstrate that the proposed benefits are admissible to equivalent employees and to facilitate scrutiny under the statutory approval process. en-us Thu, 21 Apr 1988 00:00:00 +0530 Mon, 20 Jun 2011 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11007 Approval for appointing relatives to offices or places of profit must be supported by special resolutions that specify the nature and quantum of perquisites proposed, and such perquisites must be of the same kind and rate as those granted to other employees of equivalent grade. Companies should attach evidence, such as company rules or auditor certificates, with applications to demonstrate that the proposed benefits are admissible to equivalent employees and to facilitate scrutiny under the statutory approval process. Circulars Companies Law Thu, 21 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11007