Payments to director in pvt ltd

This query is : Resolved 

10 April 2014 UNDER WHICH SECTION TDS ON PAYMENT TO DIRECTOR NEEDS TO BE DEDUCTED 192 OR 194J

ALSO WHATS ARE TAX IMPLICATION AS PER COMPANIES ACT

URGENT

PLS RPLY

10 April 2014 It should b deducted u/s 194J as professional Fees.

10 April 2014 For payment to executive director's apply 192 and for others choose 194J.


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