service by director – OnlineTaxUpdate

The taxation issues for directors significantly differs from that applicable to professionals or non-executive directors who are earning income under “Profits and Gains from Business and Profession” and executive directors who are earning income under salary

GST Article

NO GST UNDER RCM ON DIRECTOR’S SERVICES PROVIDED IN INDIVIDUAL CAPACITY

byAdv. Dinesh Verma09/10/202311/10/2023

GST notifications has emphasized the words ‘Director’s remuneration’ and it is abundantly clear that it covers the aspect of remuneration paid to a Director, in his capacity as a Director.

Presumptive Taxation Original price was: ₹895.00.Current price is: ₹622.00.
Bharatiya Sakshya Adhiniyam, 2023 Original price was: ₹695.00.Current price is: ₹521.00.
CODE ON SOCIAL SECURITY Original price was: ₹675.00.Current price is: ₹466.00.
All about Trusts and NGOs 2026 Original price was: ₹1,995.00.Current price is: ₹1,357.00.
GST Tribunal Appeals made Easy Original price was: ₹1,595.00.Current price is: ₹1,100.00.

Tag: service by director

Taxability of director renumeration: Salary or Business income

NO GST UNDER RCM ON DIRECTOR’S SERVICES PROVIDED IN INDIVIDUAL CAPACITY