194j

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 April 2013 Looking to the amendment made in Sec 194J, directors sitting fees is liable for TDS @ 10%. But if it is reimbursement of conveyance expenses paid to a director by the company, is it still liable for TDS @ 10%. Kindly advise.

CA Krunal

CA Krunal (Expert)
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25 April 2013 Reimbursement when made if same can be substantiated that

- It is incurred for the duties of business entrusted to director
- All supportings are duly available

then in such case no TDS would be required to be deducted.

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