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    <title>Applicability of Service Tax on Commission Payable to Non-Whole Time Directors of a Company Under Section 309 (4) of the Companies Act, 1956- Approval of Central Government Under Section 309/310 of the Companies Act.</title>
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    <description>The Ministry clarified that increases in Non Whole Time Directors&#039; remuneration solely because the company pays service tax on commission will not require prior Central Government approval under sections 309 and 310 of the Companies Act, even if such payment causes remuneration to exceed the statutory percentage limits; company paid service tax is treated as part of remuneration under section 198, and Non Whole Time Directors are not in the exempted list for service tax.</description>
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    <pubDate>Fri, 17 Aug 2012 16:55:19 +0530</pubDate>
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      <title>Applicability of Service Tax on Commission Payable to Non-Whole Time Directors of a Company Under Section 309 (4) of the Companies Act, 1956- Approval of Central Government Under Section 309/310 of the Companies Act.</title>
      <link>https://www.taxtmi.com/news?id=3636</link>
      <description>The Ministry clarified that increases in Non Whole Time Directors&#039; remuneration solely because the company pays service tax on commission will not require prior Central Government approval under sections 309 and 310 of the Companies Act, even if such payment causes remuneration to exceed the statutory percentage limits; company paid service tax is treated as part of remuneration under section 198, and Non Whole Time Directors are not in the exempted list for service tax.</description>
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      <pubDate>Fri, 17 Aug 2012 16:55:19 +0530</pubDate>
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