Director remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2013
sir
pls advise the following
any remuneration paid to working directors tds is to be deducted u/s 192 or 194 j
if the remuneration is below the limit of 2,00,000/- per annum then tds is to be deducted u/s. 192 or not
(COMPANY STARTS FROM AUG'12 AND REMUNERATION PAID IS 15000*7=105000/-
THEN TDS IS TO BE DEDUCTED OR NOT
OR COMPULSORY TDS IS TO BE DEDUCTED U/S. 194 J
regards
S.PHANI RAJA KUMAR
pls advise the following
any remuneration paid to working directors tds is to be deducted u/s 192 or 194 j
if the remuneration is below the limit of 2,00,000/- per annum then tds is to be deducted u/s. 192 or not
(COMPANY STARTS FROM AUG'12 AND REMUNERATION PAID IS 15000*7=105000/-
THEN TDS IS TO BE DEDUCTED OR NOT
OR COMPULSORY TDS IS TO BE DEDUCTED U/S. 194 J
regards
S.PHANI RAJA KUMAR
27 September 2013
Director remuneration should always be treated as Salary and TDS should be deducted under section 192, because if you treat it other than salary then your service tax liability will also arise. So you treat it as salary always and deduct TDS under section 192 only.
06 October 2013
Deduct TDS u/s 192 as applicable on the basis of calculation and also take a note of the remarks of the expert Arun.
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- UDIN ISSUE
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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
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
