Salary as executive director not considered in Aggregate Turnover for GST Registration and GST on Salary
Last updated: 19 January 2023
Court :
Karnataka AAR
Brief :
Authority for Advanced Ruling Karnataka held that the incomes received from salary/remuneration as a Non-executive Director of a private limited company, renting of commercial property and renting of residential property and the values of amounts extended as deposits/ loans/ advances out of which interest is being received are to be included in the Aggregate Turnover for registration.
Citation :
IN RE ANIL KUMAR AGRAWAL
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FCS Deepak Pratap Singh
Published in GST
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