Whole-time Directors' Remuneration Exempt from Service Tax, Seen as Employee Salary, Appellate Tribunal Rules.

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....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.....