Hi All,
If for Managing director, Can Remuneration and Consultancy charges be paid.
TDS U/s.192B and 194J can be deducted and Form 16 & 16A can be given?
Is it valid to give Form 16 & 16A to the Managing Director from Same company.
Regards
Nagarjun
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Managing director remuneration
Replies (2)
It can be done but you'll have to report it as a related party transaction u/s 188 and AS-18.
Thank you Rahul
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