TDS from Sitting Fees paid to Directors
This query is : Open
13 October 2009
Sorry to bring up the query again. I am confused by divergent views read in various forums.
I have for reference the decision of Delhi HC in in CIT v. Orissa Cement Ltd. [2001] 250 ITR 846/118 Taxman 449. As I understand TDS is to be made for sitting fees. Is there any other case law overriding this?
What is the legal/judicial position as many big corporates do deduct TDS from Sitting Fees paid.
Regards
Raman
I have for reference the decision of Delhi HC in in CIT v. Orissa Cement Ltd. [2001] 250 ITR 846/118 Taxman 449. As I understand TDS is to be made for sitting fees. Is there any other case law overriding this?
What is the legal/judicial position as many big corporates do deduct TDS from Sitting Fees paid.
Regards
Raman
CA SANJAY MUKHERJEE
(Expert)
13 October 2009
I have not found any contradictory view and the case you referred is the last known case to me which justifies the TDS
13 October 2009
Pl read an article in https://www.thehindubusinessline.com/2002/07/13/stories/2002071300010900.htm
13 October 2009
TDS has to be deducted u/s 194J in case of sitting fees paid to directors.
14 October 2009
Executive directors :u/s 192 (cos its treated as managerial remuneration)
Non exec Directors : u/s 194J ( technical services )
Non exec Directors : u/s 194J ( technical services )
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Intimation under section 245
- Urd purchase entry in tally prime
- GSTR-9C filing
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
