https://www.taxtmi.com/circulars?id=11771 Service tax on commission or sitting fees payable to Non-Whole Time Directors, when borne by the company, is treated as part of the directors' remuneration and may cause aggregated remuneration to exceed the Companies Act limits; an administrative clarification states that increases solely attributable to payment of such service tax by the company shall not require prior Central Government approval under the Act's remuneration limit provisions for the relevant financial year. en-us Thu, 09 Aug 2012 00:00:00 +0530 Tue, 14 Aug 2012 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11771 Service tax on commission or sitting fees payable to Non-Whole Time Directors, when borne by the company, is treated as part of the directors' remuneration and may cause aggregated remuneration to exceed the Companies Act limits; an administrative clarification states that increases solely attributable to payment of such service tax by the company shall not require prior Central Government approval under the Act's remuneration limit provisions for the relevant financial year. Circulars Companies Law Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11771