Directors' remuneration

Originally posted by : SIVARAMAKRISHNAN P.G
	What is the method of deducting income tax on remuneration to directors of a company? Is it u/s 194J-Fees for professional or technical services or u/s 192B-Salary???

> It depends on the director’s relationship with the company.
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> If any remuneration/fee/commission by whatever name called paid to a director, which is not in the nature of salary, then tax is required to be deducted u/s 194J @ 10% w.e.f 01.07.2012. In this case there is no threshold limit of Rs. 30,000.
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 > When the payment is made on account of salary, then tax shall be deducted u/s 192, if the director is an employee of the company.

Perfectly explained

deepak gupta -- good explanation.

thanks

it depends on relationship.............

but generally TDS is deducted u/s 192