Dear Experts,
We have sponsored MBA in USA for one of our directors who is not on payroll of company. My question is that will this payment fall under reverse charge on payment to directors. I'm banking on POP rules under which this service is not taxable as our director has studies abroad and lives abroad during tenure of studies.
We have paid all fees directly to the institution and nothing is paid as reimbursements to him.
Please let me know should our company deposit service tax on this on reverse charge or not. If yes then why.
CAclubindia
