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Payments to directors

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2012 xyz private limited has been paying Rs.30000 p.m to its director

my question is can he eligible for all the exemptions which are available to general employees (HRA, allowance etc based on normal pay scale )

if he is not eligible for, what about tds on payments

14 December 2012 if director is whole time director and getting salary from the company then he is eligible for all exemptions and if director is independent and getting paid for his professional services , then this will be taxable in his hand as income from business and profession.

14 December 2012 when he is not eligible TDS to be deducted u/s 194J

thnaks


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