banner_ad

Tds on sitting fee

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 July 2013 Rs 20000/- Sitting Fee paid to part time Director.
is it liable to TDS u/s 194J?
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
04 July 2013 Yes ,it is liable to tds 194J claue 1(ba),

Threshold limit not available for persons covered in clause 1(ba)

refer first proviso (B) FOR 194J for more---


Thanks & regards
Ganesh babu k
Profile Image

Ajay Mishra

Profile Image

Ajay Mishra (Expert)
04 July 2013 It will be treated as professional fee and he will be liable to pay TDS @10% after Rs. 30000/-
Profile Image

swasti

Profile Image

swasti (Expert)
04 July 2013 As per the new provisions, TDS has to be deducted on Directors Sitting Fees. The cieling limit of Rs 30000/- does not applies on it and accordingly TDS @ 10% has to be deducted on Rs 20000/- u/s 194J(1)(ba).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details