Income tax
This query is : Resolved
11 July 2013
A company pays subscription to madras club on behalf of director will it attract 194C ? In which section it has been specified or is there any case law for this?
CMA Ramesh Krishnan
(Expert)
12 July 2013
Membership subscription not attract TDS
18 July 2013
thanks for anwering my question i also have another question a private limited company does not follow depriciation in accordance to companies act. an auditor says it can happen in accordance sec 350 of companies act can u please clarify
CMA Ramesh Krishnan
(Expert)
18 July 2013
Sec.350 of companies act is provides the depreciation allowed for calculating the managerial remuneration u/s.349. so incase any deprecation calculated while computing the managerial remuneration u/s.349 the same can be provided.
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