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Can a Managerial Personnel be paid remuneration for the previous Financial Years in the current Financial Year. e.g. in FY 2015-16, remuneration is proposed to be paid for FYs 2014-15 & 2013-14.

Section 197- Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits.

Posted By: Jaya bhatia 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.


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Pramod Prabhudesai
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