Directors' remuneration
This query is : Resolved
Naveen Rishi Kumar
(Querist)
10 March 2015
Is there a service tax liability if a director receives remuneration from two private companies? If yes, then who is liable, the company or the director?
10 March 2015
Company is liable to pay service tax under RCM on payments to directors - non executive (non employee)
Naveen Rishi Kumar
(Querist)
10 March 2015
Nilesh, thanks for your response. Is it not possible that the director is working part-time in both the companies?
10 March 2015
If you are treating them as an employee of the company and issuing form Form 16 -income tax and then only you are not liable to pay service tax
Part time and full time is irrelevant factor to determine
Trust the above clarifies.
Part time and full time is irrelevant factor to determine
Trust the above clarifies.
Message likes :
1 times
Naveen Rishi Kumar
(Querist)
10 March 2015
Thanks Nilesh. It seems that the issue gets resolved.
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
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
