TDS on Director Commission

CMA.Baskar.V (Cost Accountant) (400 Points)

31 May 2010  

As per director appointment letter, commission has to pay on every year end based profit of the company along with March director remuneration.

Please let me know, TDS applicability of said commission. Whether TDS has to deduct under TDS on Commission or under TDS on salary income

Thanks in Advance.