Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Computation of aggregate turnover for the purpose of GST registration - Interest income, though exempted, are to be included in the aggregate turnover - Partner’s salary, received as partner, from applicant’s partnership firm is not to be included - Salary received as non-executive Director from a Private Limited Company is to be included even if GST is paid on RCM by the company - Maturity amount of LIC, dividend on shares etc. not to be included.
Computation of aggregate turnover for the purpose of GST registration - Interest income, though exempted, are to be included in the aggregate turnover - Partner’s salary, received as partner, from applicant’s partnership firm is not to be included - Salary received as non-executive Director from a Private Limited Company is to be included even if GST is paid on RCM by the company - Maturity amount of LIC, dividend on shares etc. not to be included.
Note: It is a system-generated summary and is for quick reference only.
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