Directors salary & directors remunaration

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Sir, 

 

Accroding to Service tax point of view what is the difference between

Salary paid to the Directors, Remuneration paid to the Dirctors.

How can we make out , in a company balance sheet whether

salary is paid or remunaration is paid when it is accounted under the

heading  Directors remunaration.

Kindly clarify.

with regards,

mala

Replies (1)

The items which are taxed U/s 192 will be covered under Salary, where there is an employer employee relation ship. All other items like Commission, sitting fees or what ever other name called (items covered under 194J(ba) are items where service tax is payable


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