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Director remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2014 we are paying the Rs. 24 Lac per annum as director remuneration to one of the director of the company having 98% share holding. please advise we need to pay the service on his remuneration or not. Please reply.

19 April 2014 if the director is an executive director, then no service tax is applicable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2014 He is not an Executive Director. He is whole time director. Also please provide the notification of service tax in which service tax, if yes, is application.






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