TDS ON DIRECTORS REMUNERATION

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Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2010 CAN ANY BODY TELL ME WHETHER TDS U/S 192 NEEDS TO BE DEDUCTED ON DIRECTORS REMUNERATION OR NOT.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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06 July 2010 Visit this link
https://www.caclubindia.com/experts/deduction-of-tds-on-directors-remuneration-426030.asp

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 July 2010 YES TDS U/S 192 NEED TO BE DEDUCTED ON DIRECTORS REMUNERATION.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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06 July 2010 yes, tds will be deducted u/s 192 on director remuneration.

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CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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06 July 2010 if Director has professional qualification and practising it and services rendered by him in a professional capacity, then remuneration paid as consulancy service will be covered u/s 194J.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 July 2010 AGREE WITH BANSAL JI BUT FOR 194J TO BE APPLICABLE COMPANY SHOULD BOOK IT AS CONSULTANCY CHARGES. IF EXP BOOKED AS DIRECTORS REMUNERATION TDS TO BE DEDUCTED U/S 192.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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06 July 2010 AGREED WITH SANJAY JI.