Tds for directors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 June 2015
Our company is Private Limited, and Share Capital below 50 Lacs.
We have 3 directors, there are involving in daily activities. So we paid salary/ remuneration to them and remit the TDS on section 92B (salaries)
is it right or we have to remit TDS U/s 94J.
if we remit TDS u/s 94J, their annual income exceeds 20lac. But they don't have Service Tax registrations.
Please guide us in this matter
We have 3 directors, there are involving in daily activities. So we paid salary/ remuneration to them and remit the TDS on section 92B (salaries)
is it right or we have to remit TDS U/s 94J.
if we remit TDS u/s 94J, their annual income exceeds 20lac. But they don't have Service Tax registrations.
Please guide us in this matter
27 June 2015
For those directors involving daily activities and paid salary TDS u/s 192 only applicable.
Message likes :
1 times
27 June 2015
Yes. TDS deduction u/s.192 is correct for whole time director involving in business activities
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- TDS ON CASH WITHDRAWALS...
- Eway bill for machinery reparing
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
