Tds on directors remuneration
This query is : Resolved
24 July 2013
in case TDS on whole time directors remuneration may differs tds on directors remuneration
24 July 2013
TDS on Salary paid to Directors shall be deducted u/s 192.
On any other payment (Sitting fees, Commission etc) TDS to be deducted u/s 194J(1)(ba) @10% from 1st July, 2012 onwards.
Applicable irrespective of the nature of directorship.
On any other payment (Sitting fees, Commission etc) TDS to be deducted u/s 194J(1)(ba) @10% from 1st July, 2012 onwards.
Applicable irrespective of the nature of directorship.
Ajay Mishra
(Expert)
24 July 2013
Go to the following link, it may help you:
https://www.caclubindia.com/articles/tds-on-remuneration-paid-to-directors-13422.asp#.UO-tTuSE2Jw
https://www.caclubindia.com/articles/tds-on-remuneration-paid-to-directors-13422.asp#.UO-tTuSE2Jw
CA Parul Saxena
(Expert)
24 July 2013
TDS on wholetime director to be deducted under section 192....sitting fees and commission and other consultancy fee are subject to liable to deduct the TDS under 194J
14 August 2013
Thank you for your Information.
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