WebFeb 7, 2024 · Professional fees of director other than salary is taxable under RCM basis: AAAR Rajasthan. GST : Part of director's remuneration other than salary shown as fees for … WebTDS under Section 194J of the Income Tax Act applicable on the fees/remuneration paid to the director. Accounted in the books of accounts under a separate head distinct from …
Board meeting fees/sitting fees to directors - GST - CAclubindia
WebRC Guide 1.7: Selection of RC Members [RC Composition]. RC Guide Appendix 1C: Scope of an RC’s Responsibilities [RC Composition]. RC Guide Appendix 1D: Sample RC Terms of … WebThe Principal Director Generals / Director Generals (All) Madam/Sir, Subject: Clarification in respect of levy of GST on Director’s remuneration - Reg. Various references have been received from trade and industry seeking clarification whether the GST is leviable on Director‟s remuneration paid by companies to their directors. small part in a film crossword
GST on Director Remuneration: Analysis of Issue and How to
WebWith over 30,000 teachers and 500,000 students across North America, the RCM Certificate Program offers a world-class program of music study and assessment with extensive online resources and remote learning support. Our alumni have built careers in a wide range of fields, including music, medicine, law, journalism, and professional sports. WebWhile payment of sitting fees, fees for attending meetings etc paid to any director (whether whole time director/managing director or any other director) is considered as payment of professional fees under section 194J. TDS is required to be deducted at the rate of 10% and no threshold limit of rs. 30,000 applies to this. WebHowever, if the company is a private limited company or a partnership firm, and the value of services provided by the director exceeds Rs. 5,000 per day, then the company is liable to … small particle reagent sirchie