Directors remunaration

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 August 2013 Dear All,

Please confirm is remunaration paid to chairman is fall under 194 J or salary income?

Is chairman could be consider as director or employee of the company.


23 August 2013 If paid as salary TDS to be deducted u/s 192. Other than salary (like Sitting Fees) TDS to be deducted u/s 194J(1)(ba) @10%. No threshold limit for section 194J(1)(ba).

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 August 2013 Thanks Sanjay

23 August 2013 From the company law point of view usually any Director on the board is elected as Chairman of the meeting.

Further Chairman of the Board meeting is considered as automatic chairman of all general meetings. To conclude in most of the cases Director on the board happens to be the Chairman.

Rest you can rely upon the answer of Sanjay ji.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details