Rg income tax

This query is : Resolved

Pankaj Jangir (Querist)
Follow

02 November 2017 Dear Sir

If we are paying the salary to employee 25000/- per month then what will be TDS liability.
Same we are paying 50000/- per month as director remuneration then what will be TDS liability.

Thanks

Udaya Chandran

Udaya Chandran (Expert)
Follow

02 November 2017 For any employee, you need to calculate TDS as per Income tax slab after considering the savings under various sections, like 80C. And if you pay directors' remuneration to the whole time director, you need to deduct TDS as per section 192. If the director is paid any amount other than salary, like sitting fees, commission, etc. you need to deduct TDS under section 194 J (1) (ba) @ 10% and also such amount comes under GST liable under RCM.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

shobi H

P.S.Satya narayana

SARAVANAN PALANISAMY

tsrandcompany@gmail.com

nandeesh mashyal

Subscribe Now

Rg income tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

GST CONSULTANCY

CA Final

Senior Executive

Manager- Finance and Compliance