https://www.taxtmi.com/caselaws?id=762199 CESTAT Ahmedabad held that monthly remuneration paid to a Director, treated as salary with TDS deducted under Section 192 of Income Tax Act and reflected in Form-16, does not attract service tax on reverse charge basis. The tribunal determined that employer-employee relationship exists between the company and Director, making the payment fall under negative list per Section 65B(44)(b) of Finance Act, 1994. Since salary payments to employees are excluded from service tax liability, no service element exists in such transactions. Appeal was allowed in favor of the appellant. en-us Mon, 25 Nov 2024 00:00:00 +0530 Tue, 26 Nov 2024 10:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762199 CESTAT Ahmedabad held that monthly remuneration paid to a Director, treated as salary with TDS deducted under Section 192 of Income Tax Act and reflected in Form-16, does not attract service tax on reverse charge basis. The tribunal determined that employer-employee relationship exists between the company and Director, making the payment fall under negative list per Section 65B(44)(b) of Finance Act, 1994. Since salary payments to employees are excluded from service tax liability, no service element exists in such transactions. Appeal was allowed in favor of the appellant. Case-Laws Service Tax Mon, 25 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762199