pls any one can say the current disclosure requirement u/s. 217(2A) whether it is 2.00lacs p.m /24.00 lacs p.a or 3.00 lacs p.m or 36.00 p.a.
and we have to take the all the reimbursement for this computation
Menu
217(2A)
Replies (4)
2.00 lacs p.m /24.00 lacs p.a.
Reimbursement include----YES
Hi
Ankur is right.
If you read section 217 (2A) (a) i and ii either employee salary during the financial year is more than Rs. 24 lac p.a. or Rs. 2 lac per month it is required to give disclosure in Directors' Report.
Regards
Thanks Ajay Ji for substantiating my answer.
I understand that some companies do not include certain reimbursements such as telephone bills, gift vouchers for the purpose of remuneration. Is this practice right? Learned members like Ankur and Ajay can share their views.
Recent Topics :
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
- Query related to agricultural income of Trust
- Full & Final Settlement — what changed u
- Capital gains or losses when new equity was issued
Related Topics :
CAclubindia
