9911796707
TMI BlogReverse Charge- Services of DirectorX X X X Extracts X X X X X X X X Extracts X X X X ..... As per Notn No 45/2012-ST dated 7.8.12, Service tax under reverse charge is to be paid by service recipient in respect of services provided or agreed to be provided by a director of a company to the said company. Whether service tax is to be paid on salary to be paid to whole time director/ managing director - Reply By JAMES PG - The Reply = This is applicable only for non-executive d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... irectors. Not applicable to Managing Director/Executive Director/Whole time Director etc who are employees of the Company - Reply By Pradeep Khatri - The Reply = In my view, services provided by directors as employee in the course of employer- employee relationship would not be covered by the said provision as employer-employee relationship activities are already excluded from the definition of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... service itself under section 65B (44) of the Finance Act . - Reply By Debtosh Dey - The Reply = Sec 65B(44) excludes service of employee and Dy. no.324/Comm(ST)/2008 read with Circular no. 115/09/2009-ST had clarified that director-company stand in employee-employer relationship. As long as the Notification Circular are not withdrawn, there is no service tax liability for remuneratio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n paid to directors. - Reverse Charge- Services of Director - Query Started By: - Sanjeev Sharma Dated:- 9-8-2012 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
