Avinash Agarwal Classes

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Team wishes everyone a very Happy Holi! 💚🧡

Enroll now. Limited seats only. Covid related safety protocols will be followed at the centre.

Congratulations to these young talents for clearing their foundation exams. Wishing them good luck for their exciting journey ahead!

Team AAC wishes everyone a Happy & Safe Diwali! ✨

Wish you all the 74th Independence Day! We salute the Indian army and Covid warriors who are fighting in this pandemic... 🇮🇳🇮🇳

Enroll now!

Director’s Remuneration

An important clarification has been issued by the CBIC vide Circular No. 140/10/2020-GST today.

1. Remuneration given to Directors who are NOT employees (basically other than Whole Time Directors) will be taxable under RCM.

2. Remuneration given to directors who are under employment of the company (basically Whole Time Directors):

A. If the remuneration is given for professional or technical services against which TDS under IT Act is deducted u/s 194J, liability to pay RCM will arise. (Illogical to certain extent)

B. Remuneration in the nature of salary for which TDS is deducted u/s 192: Not liable to RCM.

*RCM = Reverse Charge Mechanism

Stay home, stay safe! 🌙

All classes are cancelled till 31st March due to pandemic. Syllabus will be completed in due time with extra classes. All are requested to stay safe and quarantined at home for coming days so as to minimise the transmission.