04 January 2013
If we are paying 1000/- cheque to non-excutive directors as director sitting fees.
at what rate n on what amount service tax needs to be paid by company, means whether (1000*12.36%) 112.36 Service tax liability of company or else. and under what head service needs to be paid.
Also TDS on which amount needs to be deducted on Rs.1000/- or Rs.1112/- inclusive of service tax.
CAclubindia
