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Pvt cos.

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(Querist)
02 September 2011 Can a pvt cos be run without any executive directors or managers

if all of them are non-executive and there is no manager??

Is remuneration paid to a non-executive director considered salary for tds?
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Ravikant

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Ravikant (Expert)
02 September 2011 pvt cos can be run without any executive directors or managers

remuneration paid to a non-executive director is considered salary for tds
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A.Barli

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A.Barli (Querist)
02 September 2011 Tds has never been deducted for years as of now.

What are the implications.

Any advise.

The director has paid taxes on such salary in full
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Ravikant

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Ravikant (Expert)
02 September 2011 No implications, unless in scrutiny TDS is checked by IT Officer
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