Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Levy of service tax on Directors Salary - The Appellate Tribunal ruled in favor of the Appellant, emphasizing that remuneration paid to whole-time directors, who are employees, does not constitute a taxable service. The Tribunal reiterated the statutory exclusion of transactions between employer and employee from service tax liability. It further clarified that all payments to whole-time directors, regardless of components, are considered as salary and exempt from service tax.
Levy of service tax on Directors Salary - The Appellate Tribunal ruled in favor of the Appellant, emphasizing that remuneration paid to whole-time directors, who are employees, does not constitute a taxable service. The Tribunal reiterated the statutory exclusion of transactions between employer and employee from service tax liability. It further clarified that all payments to whole-time directors, regardless of components, are considered as salary and exempt from service tax.
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