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TDS on director remuneration

prasad chitta (62 Points)

06 May 2019

if there are 3 directors and both are receiving remuneration 1500000/- P. A each one. then what about TDS applicable

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10 Replies

rama krishnan (12234 Points)
Replied 06 May 2019

yes TDS applicable..

1 Like

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CA Shikha Sharma (Ceo) (3869 Points)
Replied 06 May 2019

threshold limit 30k ki hai and it's exceeded here November the case
so TDS deductible at 10%

4 Like

RAJA P M ("Do the Right Thing...!!!") (127556 Points)
Replied 06 May 2019

Is this remuneration or Salary...?!

1 Like

prasad chitta (62 Points)
Replied 06 May 2019

If they don't want to take remuneration monthly.. and when ever funds are available in company then only they would like to take remuneration.then what about TDS applicable .. how i have to pay TDS to the govt

prasad chitta (62 Points)
Replied 06 May 2019

Remuneration

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Adhiseshan (PROFESSIONAL) (80 Points)
Replied 06 May 2019

TDS is required to be deducted @ 10% on the gross amount.

srinivas (MBA) (83 Points)
Replied 07 May 2019

section 194 J & 10% TDS

RAJA P M ("Do the Right Thing...!!!") (127556 Points)
Replied 07 May 2019

Originally posted by : prasad chitta
	Remuneration

Yes...

TDS applicable u/s 194J @ 10% on Director's remuneration...

In case it's salary then TDS applicable on normal rate as per sec 192

CA.Pankaj Rawat (Chartered Accountant) (1381 Points)
Replied 07 May 2019

no,TDS on directors remuneration is to be calculated as per section 192.hence tds is calculated after considering exemptions limit of Rs.250000 ,other income,investments.