<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Interest Income Must Be Included in GST Aggregate Turnover; Partner&#039;s Salary Excluded, Non-Executive Director&#039;s Salary Included.</title>
    <link>https://www.taxtmi.com/highlights?id=53346</link>
    <description>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.</description>
    <language>en-us</language>
    <pubDate>Sat, 09 May 2020 11:30:41 +0530</pubDate>
    <lastBuildDate>Sat, 09 May 2020 11:30:41 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=612554" rel="self" type="application/rss+xml"/>
    <item>
      <title>Interest Income Must Be Included in GST Aggregate Turnover; Partner&#039;s Salary Excluded, Non-Executive Director&#039;s Salary Included.</title>
      <link>https://www.taxtmi.com/highlights?id=53346</link>
      <description>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.</description>
      <category>Highlights</category>
      <law>GST</law>
      <pubDate>Sat, 09 May 2020 11:30:41 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=53346</guid>
    </item>
  </channel>
</rss>