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can we paid Director's Remuneration in Cash

This query is : Resolved 
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(Querist)
07 March 2009 Hi wish all of u a Colourful Holi.

Please tell me that
1. can we paid Director's Remuneration in cash?
2. Can we have to Deduct TDs on it.
I am waiting for reply.
Please mail me at my mail id
mkp2685@gmail.com
or
filmsmukesh@gmail.com.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
07 March 2009 Payment in cash is subject to celling of Rs. 20,000/- per day.

You need to deduct TDS. There is diverse practice. Som deduct u/s 192B and others u/s. 194H
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