Sec 149(6) of comanies act 2013

This query is : Resolved 

02 August 2016 in clause (d)------ whether it (2% of turnover) or (total income) or 2% of(turnover or total income)

02 August 2016 2% of or more of gross turnover or total income or 50 lakhs rs whichever is lower is applicable first

02 August 2016 you just put the law language written in the section. but my query is that 2% is linked with total income or not

02 August 2016 Yes it is also linked with total income , It is either of 4 :- Gross Turnover ; Total Income ; 50 lacs ; Amount as prescribed

10 August 2016 @salil, yes its law language, at the end of the answer, i suggest you the answer too. whichever come first is applicable


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