Tds on director's remuneration

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anshul rampuria (Querist)
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29 July 2013 If TDS is not deductible u/s 192 on director's remuneration because remuneration is less than 200000. then whether liability of TDS arises u/s 194J or not???

Ajay Mishra

Ajay Mishra (Expert)
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29 July 2013 Hi

Go to the following link, it may help you :

https://www.caclubindia.com/articles/tds-on-remuneration-paid-to-directors-13422.asp#.UO-tTuSE2Jw

anshul rampuria

anshul rampuria (Querist)
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29 July 2013 that link doesn't clarify me that weather TDS is to be deducted aur not if company is not liable to deduct TDS of director u/s 192

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 August 2013 Section 194J is applicable on any remuneration or fees or commission by whatever name called, other than those on which tax is DEDUCTIBLE under section 192, to a director of a company.

The word used is DEDUCTIBLE and NOT deducted.

This simply means that amount taxable as salary is NOT to be considered as remuneration for the purpose of Section 194J.

It is not mandatory that TDS has to be deducted u/s 192. What is relevant is that the amount should be taxable as salary in the hands of the director.

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