Gst Applicability On Directors Remuneration In Corporate

GST RCM on Director’s Remuneration - TaxGuru.

Jun 12, 2020 . Circular No - 140/10/2020 - GST dated 10 th June 2020 clarifying GST applicability under RCM on Director's Remuneration. Now to put an end to all the doubts and confusion over applicability of GST on services supplied by directors to companies, the Government has issued Circular No - 140/10/2020 - GST dated 10th June 2020 (Circular ....

https://taxguru.in/goods-and-service-tax/gst-rcm-directors-remuneration.html.

Companies (Share Capital and Debentures) Rules, 2014 - TaxGuru.

Mar 31, 2014 . (9) The Board of directors, shall, inter alia, disclose in the Directors' Report for the year, the following details of the Employees Stock Option Scheme: (a) options granted; (b) options vested; (c) options exercised; (d) the total number of shares arising as a result of exercise of option; (e) options lapsed; (f) the exercise price;.

https://taxguru.in/company-law/companies-act-2013-the-companies-share-capital-and-debentures-rules-2014.html.

List of Resolution for which MGT-14 requires to be filed - TaxGuru.

Aug 30, 2019 . - Appointment of, and the fixing of the remuneration of the auditors. J. Section -139: Appointment of Auditor: K. Section -142: To appoint Branch Auditor: L. Section - 148(3) Remuneration of Cost Auditor shall be fixed by an ordinary resolution at the general meeting: M. Section- 149: Appointment of independent Director. N. Section -151.

https://taxguru.in/company-law/list-resolution-mgt14-requires-filed.html.

Independent Directors- Applicability, Roles And Duties - ClearTax.

Feb 01, 2022 . The provisions relating to the appointment of Independent directors are contained in Section 149 of the Companies Act, 2013 should be read along with Rule 4 and Rule 5 of the Companies (Appointment and Qualification of Directors) Rules, 2014 . Applicability On Appointing An Independent Director Listed Public Company.

https://cleartax.in/s/independent-directors-applicability-roles-and-duties/.

Remuneration to Non-executive Directors and Independent.

Jul 03, 2021 . One of the major amendment proposed by the Companies (Amendment) Act, 2020 is with regard to remuneration to independent director and non-executive directors in Case of Absence or Inadequacy of Profits. In this write-up, author has analysed the impact of such amendment. Relevant changes has been made in section 149 and 197 so that non-executive ....

https://taxguru.in/company-law/remuneration-non-executive-directors-independent-directors-case-absence-inadequacy-profits.html.

Cost Audit and Cost Records Applicability 2022-23 - CAclubindia.

May 02, 2022 . The financial auditor and directors are required to report about the applicability of section 148 and maintenance of cost records in the statutory documents viz Financial Audit Report and Director's Responsibility Statement. 5) What to do if Cost Audit is also applicable. Appoint Cost Auditor immediately and file CRA-2 with MCA. 6).

https://www.caclubindia.com/articles/cost-audit-and-cost-records-applicability-2022-23-47094.asp.

GST- TDS : Provisions Explained - TaxGuru.

Sep 16, 2020 . Like the Income Tax Act, provisions for the Tax Deduction at Source (hereinafter referred to as TDS) have also been incorporated in GST Acts. Section 51 of the CGST Act, 2017 empowers the government to provide for deduction of certain amount as TDS in the hands of prescribed persons i.e Central Government, State Governments or Local authorities etc. against ....

https://taxguru.in/goods-and-service-tax/gst-tds-provisions-explained.html.

Master Guide on filing of income Tax Return - TaxGuru.

May 30, 2022 . Return Form. Brief Description: ITR - 1: Also known as SAHAJ is applicable to an individual having salary or pension income or income from one house property (not a case of brought forward loss) or income from other sources (not being lottery winnings and income from race horses, income taxable under section 115BBDA or income reffered in section 115BBDA or ....

https://taxguru.in/income-tax/faqs-on-filing-the-return-of-income.html.

Section 80GG Deduction on Rent paid - TaxGuru.

Jun 26, 2018 . Section 80GG allows the employee to a deduction in respect of house rent paid by him for his own residence. Such deduction is permissible subject to the following conditions :- (a) the employee has not been in receipt of any House Rent Allowance specifically granted to him which qualifies for exemption under section 10(13A) of the Act; (b) the employee files the ....

https://taxguru.in/income-tax/section-80gg-deductions-rent-paid.html.

GST on procurement/distribution of drugs, Medicines & other ….

May 30, 2022 . In re Andhra Pradesh Medical Services and Infrastructure Development Corporation (GST AAR Andhra Pradesh). Question: Whether the procurement and distribution of drugs, Medicines and other surgical equipment by APMSIDC on behalf of government without any value addition, and without any profit or loss, without even the intent to do business in the ....

https://taxguru.in/goods-and-service-tax/gst-procurement-distribution-drugs-medicines-surgical-equipment-government.html.

Section 185 of Companies Act, 2013 – Loan to directors, etc..

Aug 05, 2022 . Footer: [1] Subsituted vide Companies (Amendment) Act 2017 vide Notification No. S.O. 1833(E) dated 7 th May, 2018. Prior to substitution it read as under- "(1) Save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom the ....

http://corporatelawreporter.com/companies_act/section-185-of-companies-act-2013-loan-to-directors-etc/.

Annual General Meeting Under the Companies Act, 2013 - ClearTax.

Apr 07, 2022 . Companies Required to Hold an AGM. All companies except one person company (OPC) should hold an AGM after the end of each financial year. A company must hold its AGM within a period of six months from the end of the financial year. However, in the case of a first annual general meeting, the company can hold the AGM in less than nine months from the end ....

https://cleartax.in/s/annual-general-meeting-companies-act-2013/.

Appointment of Foreign Directors in Indian Company - TaxGuru.

Jul 15, 2020 . Foreign Directors can provide technical services for the Indian companies in which they are directors. Any payment of remuneration to Foreign Directors is subject to Income Tax. If the foreign national is employed in India, the required TDS has to be reduced from the remuneration payable to him in accordance with Section 192 of the Income Tax Act..

https://taxguru.in/company-law/appointment-foreign-directors-indian-company.html.

Nomination and remuneration committee - TaxGuru.

Apr 05, 2020 . The Board will have the discretion to retain the Whole-time Directors, KMP and senior management personnel in the same position/remuneration or otherwise, even after attaining the retirement age, for the benefit of the Company. 1. Remuneration to Managing Director/Whole Time Director/Key Managerial Personnel..

https://taxguru.in/company-law/nomination-remuneration-committee.html.

Section 149 of Companies Act, 2013 - Corporate Law Reporter.

COMPANY TO HAVE BOARD OF DIRECTORS (1) Every company shall have a Board of Directors consisting of individuals as directors and shall ... Clarification on applicability of requirement for resident director . Circular No. 25/2014 dated 26-6-2014. Section 149(3) of the Companies Act, 2013 (Act) requires every company to have at least one director ....

http://corporatelawreporter.com/companies_act/section-149-of-companies-act-2013-company-to-have-board-of-directors/.

Companies Act, 2013.

Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits: Section 198: Calculation of profits: Section 199: Recovery of remuneration in certain cases: Section 200: Central Government or company to fix limit with regard to remuneration: Section 201: Forms of, and procedure in relation to ....

https://www.taxmanagementindia.com/visitor/acts_rules_provisions.asp?ID=551.

Secretarial Audit under Companies Act, 2013 - TaxGuru.

Feb 28, 2015 . 'Secretarial Audit' has introduced by recently enacted Companies Act, 2013. It is compliance audit, by independent practicing company secretary. The purpose is to detect the non-compliances by companies under Companies Act 2013 and other allied corporate Laws as applicable to the companies..

https://taxguru.in/company-law/secretarial-audit-companies-act-2013.html.

Company Auditor’s Report Order (CARO), 2016 - ClearTax.

Apr 21, 2022 . The Ministry of Corporate Affairs (MCA) issued the Companies (Auditor's Report) Order, 2020 on 25 February 2020, applicable from 1 April 2021, corresponding to the financial year 2020-21. ... Applicability of CARO 2016. CARO 2016 is applicable to all the companies except the following ... D. Loan to Directors and Investment by the Company ....

https://cleartax.in/s/caro-2016-reporting-requirements/.

List of Goods and services under RCM in GST - Taxwink.

Jan 26, 2021 . Notification No. 22/2017- CT (Rate) w.e.f. 22.08.2017 - If GTA opts to charge GST in his invoice and pays GST @ 12%, the recipient is not liable to pay GST under RCM. Notification No. 32/2017- CT (Rate) dated 13.10.2017 :- Services provided by GTA to an unregistered person (other than factory, society, co-operative society, body corporate ....

https://www.taxwink.com/blog/goods-and-services-under-rcm.

Holding & Subsidiary Company- Provisions under CA, 2013.

Apr 27, 2015 . Company can't give loan to directors of its holding company. Remuneration to MD & WTD: 197(14) A WTD or MD of a company who is getting commission from the company can get commission or remuneration from its holding or subsidiary company, subject to disclosure by the company in its annual report. Prospectus of Holding Company -.

https://taxguru.in/company-law/holding-subsidiary-company-provisionsimplication-companies-act-2013.html.

Achiever Papers - We help students improve their academic ….

100% money-back guarantee. With our money back guarantee, our customers have the right to request and get a refund at any stage of their order in case something goes wrong..

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GST On Employees & Employee Benefits - TaxGuru.

May 28, 2021 . GST on Director's Remuneration: Directors' remuneration refers to compensation the company gives to its directors for the services rendered. This can be through fees, salary or by use of a company's assets. CBIC has clarified the applicability of GST on director's remuneration vide CGST circular no. 140/2020 dated 10th June 2020. As per ....

https://taxguru.in/goods-and-service-tax/gst-employees-employee-benefits.html.

How to file ITR-2 for AY 2021-22 on new Income Tax Portal.

Jun 22, 2021 . commission or remuneration, by whatever name called, due to, or received by him from a partnership firm. Q.3 What are the changes in ITR-2 as compared to previous years? Ans. In ITR-2 of AY 2021-22, you can choose to opt for the new tax regime under section 115BAC. Please note that option for selecting new tax regime u/s 115BAC will be ....

https://taxguru.in/income-tax/file-itr-2-ay-2021-22-income-tax-portal.html.

Company Act Compliance Due Dates for FY 2020-2021 - TaxGuru.

Jun 26, 2020 . Companies Act Compliance Due Dates For Financial Year 2020-2021 in respect of MBP-1- Notice Of Interest By Directors, DIR-8- Conforming Non-Disqualification, DIR-3 KYC- KYC Of Directors, DPT-3- Return Of Deposits, MSME-1- Form Of Outstanding Payment To MSME, BEN-2- Return To The Registrar In Respect Of Declaration Under Section 90, AOC-4- Form For Filing ....

https://taxguru.in/company-law/company-act-compliance-due-dates-for-financial-year-2020-2021.html.

Section 8 Company-Exemptions & Applicability of provisions.

Jan 13, 2021 . Compendium of Exemptions and Applicability of provisions under Companies Act, 2013 with modifications. Ministry of Corporate Affairs ('MCA') vide notification dated 5th June, 2015, exempted Section 8 Companies from complying with certain provisions of the Companies Act, 2013 ('Act, 2013' or 'Act' or CA 2013) as mentioned hereunder subject to the condition that ....

https://taxguru.in/company-law/section-8-company-exemptions-applicability-provisions.html.

How to Generate E-way Bill in case of Export & Mandatory Fields.

Apr 17, 2018 . Latest GST Ready Reckoner - 2022 by CA Raman Singla All 4 PSU insurers incurred losses in health insurance business in 2016-17 to 2020-21; Loss of directors not allowable to the company; What Your Pension Plan Can Do For You; ... Secretarial Audit - Applicability, Scope & Procedure for appointment of Secretarial Auditor ....

https://taxguru.in/goods-and-service-tax/generate-eway-bill-case-export-mandatory-fields.html.

Companies Auditor’s Report Order (CARO), 2016 - TaxGuru.

Mar 29, 2016 . 2. Auditor's report to contain matters specified in paragraphs 3 and 4. - Every report made by the auditor under section 143 of the Companies Act, 2013 on the accounts of every company audited by him, to which this Order applies, for the financial years commencing on or after 1st April, 2015, shall in addition, contain the matters specified in paragraphs 3 and 4, as ....

https://taxguru.in/company-law/companies-auditors-report-order-caro-2016-wef-01042015.html.

Major changes in GSTR 3B reporting and filing - TaxGuru.

Jul 09, 2022 . CBIC has notified a series of changes in filing of its existing return in Form GSTR-3B. Form GSTR-3B is the return through which the Government collects tax from its taxpayers. 1) CBIC has introduced a new table 3.1.1 in which taxpayers will be required to provide details about supplies made through e-commerce operators (ECO), where [...].

https://taxguru.in/goods-and-service-tax/major-gstr-3b-reporting-filing.html.

CMA Program - CMA Course Details, Duration & Syllabus.

Directors and Managers: 3. 11%: Other Practitioners & Educators: 4. 33%: ... well-qualified group of 250+ Faculty members with an industry-relevant background in teaching theoretical concepts and applicability of those concepts; ... Corporate Training delivered to numerous marque partners like Big 4, IIM Indore, IIM Kolkata, FMS Delhi, Mahindra ....

https://www.edupristine.com/courses/cma.

Audit Committee- Section 177 | Companies Act, 2013 & Rules.

May 30, 2020 . Legal Reference for Audit Committee. The Companies Act,2013 has notified Section 177, Rule 6 and 7 of Companies (Meetings of Board and its Powers) Rules, 2014 which deals exclusively with Audit Committee.. Applicability as per above Legal reference: *Amended by Companies (Amendment) Act, 2017, Earlier there was "every Listed Company".. Composition of ....

https://taxguru.in/company-law/audit-committee-section-177-companies-act-2013-rules.html.