01 April 2016
Dear Sir, We are planning tax for our company for FY 16-17 What is the present law position regarding Service Tax on Director's remuneration? Also should we deduct TDS on the same ? Want to have minimal tax liability.
01 April 2016
Service tax is to be paid by the company. On the amount of commission so paid. TdS to be deducted. Better pay by 31st as from this FY additional tax payable by Director s