<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Commission-Based Remuneration to Whole-Time Directors Not Taxable Under Reverse Charge Mechanism as Per Companies Act.</title>
    <link>https://www.taxtmi.com/highlights?id=55579</link>
    <description>Taxable Service or not - payment of remuneration in the nature and form of commission based on percentage of profit to whole time directors - reverse charge mechanism (RCM) - when the very provisions of the Companies Act make whole-time director (as also in capacity of key managerial personnel) responsible for any default/offences, it leads to the conclusion that those directors are employees of the assessee company. - AT</description>
    <language>en-us</language>
    <pubDate>Sat, 21 Nov 2020 10:10:11 +0530</pubDate>
    <lastBuildDate>Sat, 21 Nov 2020 10:10:11 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=628189" rel="self" type="application/rss+xml"/>
    <item>
      <title>Commission-Based Remuneration to Whole-Time Directors Not Taxable Under Reverse Charge Mechanism as Per Companies Act.</title>
      <link>https://www.taxtmi.com/highlights?id=55579</link>
      <description>Taxable Service or not - payment of remuneration in the nature and form of commission based on percentage of profit to whole time directors - reverse charge mechanism (RCM) - when the very provisions of the Companies Act make whole-time director (as also in capacity of key managerial personnel) responsible for any default/offences, it leads to the conclusion that those directors are employees of the assessee company. - AT</description>
      <category>Highlights</category>
      <law>Service Tax</law>
      <pubDate>Sat, 21 Nov 2020 10:10:11 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=55579</guid>
    </item>
  </channel>
</rss>