Director sitting fee
This query is : Resolved
04 January 2013
If we are paying 1000/- cheque to non-excutive directors as director sitting fees.
at what rate n on what amount service tax needs to be paid by company, means whether (1000*12.36%) 112.36 Service tax liability of company or else. and under what head service needs to be paid.
Also TDS on which amount needs to be deducted on Rs.1000/- or Rs.1112/- inclusive of service tax.
pl confirm
at what rate n on what amount service tax needs to be paid by company, means whether (1000*12.36%) 112.36 Service tax liability of company or else. and under what head service needs to be paid.
Also TDS on which amount needs to be deducted on Rs.1000/- or Rs.1112/- inclusive of service tax.
pl confirm
08 January 2013
Service to be applied on gross sitting fee. Thus Rs 112.36. TDS should be applied on payment i.e. Rs 1000/-..
Hope this would settle the issue...
Hope this would settle the issue...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- Annual return in Gst
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
