Service tax on commission to director


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Querist : Anonymous

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Querist : Anonymous (Querist)
14 October 2013 Dear All,

Please clarify if commission to be paid to the director of a private limited company, then amount to being mentioned in board resolution shall be inclusive or exclusive of service tax? Thanks in advance.

Ajay Mishra (Expert)
14 October 2013 Hi

Read section 200 of the Companies Act, 1956 in this regard.

14 October 2013 Inclusive amount should be mentioned in the resolution since ST forms part of the remuneration vide MCA general circular 24/2012 dated 9.8.2012.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 October 2013 Thanks for reply.


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