please tell me
commision to Director either we pay service tax or not
Sachin Adsul (HOD Excise dept) (178 Points)
13 March 2009please tell me
commision to Director either we pay service tax or not
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 14 March 2009
Commission to Director is a salary income. No service tax is payable.
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 14 March 2009
Commission to directors in line with companies act on which the IT is calcuated and edcuted would not be liable under service tax since the relationship is only of an employer/ employee.