When do we have to deduct tds
This query is : Resolved
KISHORE KUMAR JOSHI
(Querist)
09 May 2014
OUR COMPANY HAS MADE PROVISION OF DIRECTOR'S REMUNERATION PAYABLE TO THE DIRECTOR FOR RS.180000/- FOR THE YEAR ENDED 31ST MARCH 2014. THE COMPANY HAS NOT YET PAID THE DIRECTOR'S REMUNERATION. MY QUERY IS WHEN DO WE HAVE TO DEDUCT THE TDS (A) WHEN PAYING THE AMOUNT OR (B) WHEN MAKING THE PROVISION OF IT.
Aditya Maheshwari
(Expert)
09 May 2014
In case your remuneration is covered u/s 192 then at the time of payment and in case not covered u/s 192 then TDS deductible u/s 194J where TDS deductible at the time of payment / provision whichever is earlier.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- EPF ECR NEW FILE SEP 17TH 2026
- PTRC Show Cause Notice on Email
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Capital Gail Exemption Certificate
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
