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Schedule v

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(Querist)
13 April 2015 whether limits prescribed in schedule V of remuneration of kmps on the basis of effective capital is for each kmp individually or for aggregate all kmps of a company..??
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CA John Abraham Austin ACA

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CA John Abraham Austin ACA (Expert)
13 April 2015 Aggregate for all KMPs.
However, there are specific headings which provides more clarity for few individual limits also. Please read it carefully, then you will understand.
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