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TDS on director remuneration

600 views 10 replies

prasad chitta

62 Points Joined May 2019

if there are 3 directors and both are receiving remuneration 1500000/- P. A each one. then what about TDS applicable

Replies (10)

rama krishnan

12244 Points Joined May 2017

yes TDS applicable..

CA Shikha Sharma

Ceo

3869 Points Joined February 2019

threshold limit 30k ki hai and it's exceeded here November the case
so TDS deductible at 10%

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Is this remuneration or Salary...?!

If they don't want to take remuneration monthly.. and when ever funds are available in company then only they would like to take remuneration.then what about TDS applicable .. how i have to pay TDS to the govt

prasad chitta

62 Points Joined May 2019

Remuneration

Adhiseshan

PROFESSIONAL

80 Points Joined February 2013

TDS is required to be deducted @ 10% on the gross amount.

srinivas

MBA

83 Points Joined April 2015

section 194 J & 10% TDS

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Originally posted by : prasad chitta
	Remuneration

Yes...

TDS applicable u/s 194J @ 10% on Director's remuneration...

In case it's salary then TDS applicable on normal rate as per sec 192

CA.Pankaj Rawat

Chartered Accountant

1381 Points Joined September 2012

no,TDS on directors remuneration is to be calculated as per section 192.hence tds is calculated after considering exemptions limit of Rs.250000 ,other income,investments.