Director remuneration paid

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6 Points Posted on 05 September 2021
director remuneration pay who are tds section applicable and rates
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On 05 September 2021 at 18:36 Report
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This discussion clarifies the tax deducted at source (TDS) applicable to director remuneration. Sitting fees for directors generally fall under Section 194J. However, if the remuneration is considered equivalent to salary, then TDS would be applied under Section 192B.

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Chartered Accountant
24588 Points Posted on 05 September 2021
U/s 194J
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On 05 September 2021 at 19:43
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Practising CA
8954 Points Posted on 06 September 2021
Director Sitting Fees shall be u/s 194J. Else Director Remuneration is at par with salary hence TDS u/s 192B
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On 06 September 2021 at 00:48
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Chartered Accountant
24588 Points Posted on 03 November 2021
Yes....
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On 03 November 2021 at 06:23

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