Sir/Madam.. Thanks for providing guidance on concept of Actionable Claim.
Please Guide on the Specific issues that:
Whether the following are Actionable Claim or Not?
1.Any Nature of Compensations Receivable by Employee from the Company.
2.Reimbursement of travelling expenses claimed by sales executive of Firm.
3.Amount recovered from Debtor through Suit towards legal costs incurred by the entity.
4.Penal interest charged on Debtor for Non payment of Sales amount by the Company.
5.Claim of Dividend by the Shareholder which has been Unpaid by company.
Frah Saeed Answered question July 6, 2020
- Dont think so as difficult to say it to be a unsecured debt. Also what is nature of compensation?
- No.
- No. As the amount itself quantified by Court.
- No. Rather it is value of supply as per Sec 15 of CGSt Act.
- Yes.
Team Clearmytax.in
Frah Saeed Answered question July 6, 2020