banner_ad

Directors remunaration & s.tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 August 2012 Dear Experts,

Should we deduct S.Tax on payments made to my MD on monthly basic of Rs 1.5 lacs

Currently we haven't registered for S.TX then what is the course of acction then...


Regards
Profile Image

CA Suresh Jain

Profile Image

CA Suresh Jain (Expert)
23 August 2012 No service tax is payable on the payment made to Directors where employee employer relationship exists
Profile Image

RENGARAJ R.K

Profile Image

RENGARAJ R.K (Expert)
10 September 2012 It seems yours is a company and therefore the following reverse charge is applicable from 01.07.12.

1) Advocate fees(even if it is Rs.5000?)
2) Goods transport agencies
3) Security guard (man power).
4) Rent a cab service......and so on

As such, have you not taken service tax RC so far? As already indicated by the expert, payment to whole time directors/MD/Executive directors where employer -employee relationship exists there is no service tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details