Directors remuneration
Querist : Anonymous
Thx
TDS on salary amount will be deducted u/s 192 and on other remuneration u/s 194J.
Querist : Anonymous
However as per Fiance Act 2012 Any amount paid to director w.e.f. 01/07/2012 will be taxed U/s 194J, so what will be the implication in my case.
Thanks
So, as I said, you will first have to bifurcate the remuneration into salary and other remuneration.
TDS on salary - 192
TDS on OTHER remuneration - 194J
Querist : Anonymous
I gone through the amendment & Agreed with your view.
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