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Reverse charge

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 April 2013 If on paper a director is Whole time directors then whether sitting fees paid to such director is covered under reverse charge mechanism.
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
24 April 2013 Sitting fees paid to director is covered under Reverse Charge. What do you mean by on Paper? What is the status of Directorship in MCA site? Which Category?
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 April 2013 Just for a name sake he is a director but he is whole time director he doesnt work in the company
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