Service tax on remuneration paid to chairman of pvt ltd
This query is : Resolved
05 February 2017
Hello Friends,
My Chairman is an NRI and is actively involved in day-to-day business activities in co-ordination with MD and other managers of company. He is being paid salary remuneration monthly for same. But Chairman is a Non executive director of company.
Now do I need to pay service tax under RCM for remuneration paid to chairman. Is there any way where in I can prove employee-employer relationship as we also issue Form 16 to chariman and thus dont have to paid the service tax?
Plz help for same.
My Chairman is an NRI and is actively involved in day-to-day business activities in co-ordination with MD and other managers of company. He is being paid salary remuneration monthly for same. But Chairman is a Non executive director of company.
Now do I need to pay service tax under RCM for remuneration paid to chairman. Is there any way where in I can prove employee-employer relationship as we also issue Form 16 to chariman and thus dont have to paid the service tax?
Plz help for same.
05 February 2017
Chairman is a non executive Director and also NRI, service tax payable on what ever amount paid to him under RCM. Service tax not payable only in case of executive Directors.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- CREDIT NOTES WITHOUT GST
- Condonation . E-Verification of last year return .
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
