https://www.taxtmi.com/circulars?id=11110 Companies seeking to pay managerial remuneration above statutory scales must apply to the Department with a board/AGM resolution and detailed justification addressing financial health, industry nature, appointee credentials, past remuneration, and the proposed package's effect on company finances; perquisites must be valued at actual cost for company-law purposes while income-tax liability is stated separately. en-us Wed, 27 Dec 2000 00:00:00 +0530 Mon, 20 Jun 2011 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11110 Companies seeking to pay managerial remuneration above statutory scales must apply to the Department with a board/AGM resolution and detailed justification addressing financial health, industry nature, appointee credentials, past remuneration, and the proposed package's effect on company finances; perquisites must be valued at actual cost for company-law purposes while income-tax liability is stated separately. Circulars Companies Law Wed, 27 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11110