Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

TDS on commission to MD

TDS 1652 views 4 replies

Ramasubbu K

Sr.GM - Finance & Company Secreta

685 Points Joined July 2007

Whether commission on profits provided at the end of the year be liable for tax deduction either in the year of provision or in the year of payment.

Replies (4)

Nitesh

Chartered Accountant

340 Points Joined August 2007

year of provision

Guest

Guest

458330 Points Joined August 2012

Hi, Since MD is the employee of the Co. TDS has to deducted at time of Payment as per Section 192 of the act. In case of salary only Tax has to be deducted at time of payment only and not at time of provision.

MAHENDRA IYER

SERVICE

315 Points Joined July 2007

Directors of the Company may or may not be an employee of the company, it will depend upon terms of appointment.

Milan Dhameliya

2 Points Joined July 2018

In which section TDS should be deducted for the payment of commission to MD?

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register

Recent Threads

More recent discussions | Post

Related Threads

Latest Job Openings

View all

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details