Tds on directors

This query is : Resolved 

31 August 2011 Is there any TDS required to be deducted on payment to directors?

If there is any director's remuneration.?

thank you

31 August 2011 Yes. Director remuneration also covered under Salary income, so TDS Need to deduct u/s.192

31 August 2011 Thank you,

Also confirm, its not required for independent directors. Am i right?

31 August 2011 yes. Independent director not forming part of executive team and not employee of the company


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