Service tax on notice pay recovery
Archana Srinivasan (consultant) (24 Points)
12 April 2016
Is service tax to be remitted on notice pay recovered from employees .
2 Replies
Shubham Gupta
(Business Consultants)
(2077 Points)
Replied 12 April 2016
Employer employee relationship is outside service tax preview.
even if paid for notice period
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 13 April 2016
Grey area. Also depends on terms of engagement.Declared service has entry for liability if compensatory in nature.
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