From the service tax point of view: Can a director be a managing director of 2 Pvt Ltd companies and get exemption from the service tax on the remuneration paid to him by the companies?
From the service tax point of view: Can a director be a managing director of 2 Pvt Ltd companies and get exemption from the service tax on the remuneration paid to him by the companies?
no provision regarding any such exemption
If director will provider any services to the company then service tax will be arise under reverse charge system.
Yes, rightly pointed by sachin ji. The Managing Director is an employee of the company and any salary paid to him is not covered in the defination of service U/s 65B(44)
O P Bagla & Co LLP
New Delhi
CA Inter
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Karia Overseas
Ahmedabad
CA
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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