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Director remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2013 Is director remuneration liable to pay service tax on it fro a.y. 2013-14 as per revers charge mechanism? Or it is liable only if it exceeds 10 lacs..

Plz help me in thi regard
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 July 2013 There is no basic exemption of Rs.10 lakhs for services covered under reverse charge
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