CA Sunil Kumar (Chartered Accountant) 31 August 2020
Pankhuri Agrawal (Chartered Accountant) 02 September 2020
The type of payments to residents covered under this section are as follows:
1. Professional fees
2. Fees for technical services
3. Remuneration paid to directors excluding salary (For e.g., sitting fees to attend board meetings)
5. Payments in the nature of non-compete fees (i.e., fees paid to not carry on any business or profession for a specified time and within certain geographical boundaries) or fees paid to not share any technical knowledge or know-how.
Krishna Chaudhary (Accountant) 16 January 2021