Remuneration to Independent Director in case of loss. Amendment permitting payment in accordance with Schedule V effective from 18.03.2021 – MCA Notification
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 18th March, 2021
S.O.1255(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central Government hereby appoints the 18th March, 2021 as the date on which the provisions of section 32 and section 40 of the said Act shall come into force.[F.No.1/3/2020-CL-I]
K.V.R. MURTY, Jt.Secy
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- Income Tax notice by process server held invalid for non acknowledgement/endorsement
- No income tax is payable on compensation on land acquired under NHAI Act 1956
- Documents filed on the day when assessment order passed are not additional evidence
- Addition of bogus purchases deleted as opportunity of cross examination not given
- GST Registration to be granted automatically and electronically within 3 Working Days
