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Tds on remuneration paid to managing director

This query is : Resolved 
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(Querist)
05 September 2014 Whether company should deduct TDS on remuneration paid to Managing Director on monthly basis as salary or under 194J?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
05 September 2014 TDS should be deducted u/s 192 on monthly basis. Managing Director is on whole time employment of company.
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