TDS ON DIRECTOR REMUNERATION

This query is : Resolved 

24 March 2010 remuneration paid to directors of p ltd co ,wether its nesscessary to deducted tds eventhough they are with in the individual slab rate?

24 March 2010 no it is not necessary but director may ask to deduct the same but as per law not mandatory

24 March 2010 IF THEY ARE WITHIN THE SLAB AND THEY DONT HAVE ANY OTHER SOURCE OF INCOME TDS IS NOT DEDUCTABLE.

25 March 2010 agree with expert


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