Director's salary exempt from GST: Karnataka AAR ruling

New Delhi: The salary of a director in a company is not liable to be taxed under Goods and  Services Tax  ( GST ), the Karnataka Authority of Advanced Rulings (AAR) has said. The ruling is set to stir up the controversial issue of taxing incomes of directors or partners in a firm, since the Rajasthan bench of AAR had ruled last month that the incomes were liable to be taxed. “The incomes…