Adjustment of director salary with loan
This query is : Resolved
02 November 2017
Hello All
The Pvt Ltd Co wants to adjust the Director Salary against Loan of the Director standing in the books of Company Dr.
Will the TDS will be deducted on adjustment or not?
Pl advise
The Pvt Ltd Co wants to adjust the Director Salary against Loan of the Director standing in the books of Company Dr.
Will the TDS will be deducted on adjustment or not?
Pl advise
CA Ysil Karunai
(Expert)
02 November 2017
TDS should be deducted on salary paid to director irrespective of any adjustment.
Follow me on twitter @CAysilkarunai for more interactions & updates!
Follow me on twitter @CAysilkarunai for more interactions & updates!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- EPF ECR NEW RULES Sep 17th 2026
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
