https://www.taxtmi.com/circulars?id=11010 Management charges or manager's fees paid to agents for inviting deposits are to be treated as brokerage under the Companies (Acceptance of Deposits) Rules; payments in excess of prescribed brokerage rates contravene the Rules. Companies may, however, reimburse agents for actual expenses such as advertising and printing but must not pay additional remuneration beyond those actual expenses. en-us Fri, 14 Oct 1988 00:00:00 +0530 Mon, 20 Jun 2011 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11010 Management charges or manager's fees paid to agents for inviting deposits are to be treated as brokerage under the Companies (Acceptance of Deposits) Rules; payments in excess of prescribed brokerage rates contravene the Rules. Companies may, however, reimburse agents for actual expenses such as advertising and printing but must not pay additional remuneration beyond those actual expenses. Circulars Companies Law Fri, 14 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11010