Director's remuneration

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divesh (Querist)
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03 August 2012 should TDS deducted on payment made to director's u/s 192 as salary or u/s 194j as per revised ammendment.

there is any procedure which is required to follow, if v pay x amt of remuneration to directors in 2010-11 & y amt of remuneration to directors in 2011-12.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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03 August 2012 The directors remuneration shall be bifurctated into Salary and other remuneration.

TDS on salary portion shall be deducted u/s 192 and on other remuneration u/s 194J.

Ajay Mishra

Ajay Mishra (Expert)
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03 August 2012 Hi

Following link will help you:

https://www.caclubindia.com/articles/details.asp?mod_id=13422#.UBu8x1HKnWU

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