Regarding TDS Applicability For Director Remuneration
This query is : Resolved
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Suresh S. Tejwani
(Querist)
21 April 2026
IF REMUNERATION IS BEING PAID TO A DIRECTOR IN PRIVATE LTD AND NEITHER PF IS DEDUCTED NOR ANY PROFESSIONAL TAX IS PAID THEN UNDER WHICH SECTION TDS SHOULD BE DEDUCTED SEC 192 OR 194J?
21 April 2026
Section 192 (Salary): Requires an employer-employee relationship (typically involves PF and PT).
Section 194J (Professional Fees): Applies to non-employee directors.
Decision: Since PF and PT are not being paid, the remuneration should be treated as professional fees. Deduct TDS under Section 194J at a flat rate of 10%.
Section 194J (Professional Fees): Applies to non-employee directors.
Decision: Since PF and PT are not being paid, the remuneration should be treated as professional fees. Deduct TDS under Section 194J at a flat rate of 10%.
Suresh S. Tejwani
(Querist)
21 April 2026
WHAT ARE THE CONSEQUENCIES FOR DEDUCTING IT UNDER SEC 192
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