Levy of service tax on Directors Salary - The Appellate Tribunal ...

Whole-time Directors' Remuneration Exempt from Service Tax, Seen as Employee Salary, Appellate Tribunal Rules.

May 13, 2024

Case Laws Service Tax AT

Levy of service tax on Directors Salary - The Appellate Tribunal ruled in favor of the Appellant, emphasizing that remuneration paid to whole-time directors, who are employees, does not constitute a taxable service. The Tribunal reiterated the statutory exclusion of transactions between employer and employee from service tax liability. It further clarified that all payments to whole-time directors, regardless of components, are considered as salary and exempt from service tax.

View Source

← Previous Next →

Levy of service tax on Directors Salary - The Appellate Tribunal ...

Whole-time Directors' Remuneration Exempt from Service Tax, Seen as Employee Salary, Appellate Tribunal Rules.

May 13, 2024

Case Laws Service Tax AT

You may also like:

Remuneration paid to whole-time directors employed by the company is not liable to service tax, as it is considered salary. However, sitting fees paid to non-employed...

Service tax liability on remuneration paid to directors. The key points are: Remuneration paid to directors is accounted for as 'Salary' and TDS is deducted under the...

Remuneration (salary, allowances, commission on company profits) paid to directors of a company is not liable to service tax under reverse charge mechanism. The Income...

The director's remuneration in the form of commission based on a percentage of the company's total profit is not subject to service tax under the reverse charge...

Levy of GST - Reverse Charge Mechanism - salary paid to Director of the company who is paid salary as per employment contract, after deduction of TDS as well as PF -...

Levy of service tax - remuneration paid by a company to the Managing Director and the whole time Executive Director - whether such income is a salary income or otherwise...

Reverse charge mechanism (RCM) - Remuneration paid to Directors - The whole time director is essentially an employee of the Company - mere fact that the whole time...

CBEC exempts service provided by certain association of dyeing units from whole of service tax.

Provision for remuneration of whole time directors – Enhanced directors remuneration – claim of assessee was allowable - AT

Taxable Service or not - payment of remuneration in the nature and form of commission based on percentage of profit to whole time directors - reverse charge mechanism...

Levy of GST - Reverse Charge Mechanism (RCM) - whole-time director - A director who has taken an employment in the company may be functioning in dual capacities, namely,...

Levy of service tax - remuneration paid by the appellant to directors should be charged to service tax on the reverse charge basis or not - Held NO - when the very...

The tribunal held that service tax under reverse charge mechanism is not leviable on commission paid to directors treated as salary in the company's books of accounts...

The case pertains to the levy of service tax under the reverse charge mechanism (RCM) on rental payments made by a company to its directors for renting immovable...

Reverse charge - remuneration paid to directors - even though the TDS was deducted under the head salaries and the director has shown the income as salary in his income...

Quick Updates: