25 January 2014
Ours is a Pvt Ltd Co & we have been paying remuneration to Directors who are also share Holders of the Company. Shall Company pay Service Tax under RCM ?
25 January 2014
Service tax is not payable in case of Managing Director or whole-time director or executive director, if the director is in full time employment of the company. Otherwise ST applies under RCM.
25 January 2014
But my only question is shall we (Pvt Ltd) liable under RCM if a whole time director who is also share holder of the company gets remuneration.
CAclubindia
