Venkatasamy Jagannathan ., In re

Date: May 21, 2019

Court: Authority for Advance Ruling
Bench: Tamil Nadu
Type: Advance Ruling
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Subject Matter

Profit Sharing Agreement between an employee and the shareholders is an actionable claim and does NOT attract GST

Actionable Claim

Summary

Shri. Venkatasamy Jagannathan (the applicant) is employed in Star Health and Allied Insurance Company Limited (hereinafter referred to as SHA) as Chairman and Managing Director and also a Stake holder in the said company. The applicant has preferred…

Shri. Venkatasamy Jagannathan, No.32/69, CEEBROS Apartments, Ragaveera Avenue, Poes Garden, Chennai-600086 (hereinafter called the Applicant) is employed in Star Health and Allied Insurance Company Limited (hereinafter referred to as SHA) as Chairman and Managing Director and also a Stake holder in the said company. The applicant has preferred an application seeking Advance Ruling on the following…

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