Tds on director's remuneration

17322 views 13 replies

My company pays Rs 12 Lakhs as director's remuneration to an executive director. Should this be treated as salary and tds deducted u/s 192 or should I treat it as remuneration u/s 194J? 

Replies (13)

 Please provide the net profit of the company

If it is more than 10% of net profit- TDS should be deducted

less than 10%- no problem at all

It can not be treated as salary (no employee and employer relationship)

if there is employee employer relationship TDS u/s192...otherwise TDS 194J(1)(ba) will be applicable.... 

u/s.194j(1)(ba) it becomes mandatory for all companies to deduct TDS @ 10% on sitting fees, commission paid to Director other then whole time director and M.D.

 

yes u r right yogesh chokhra.

yes u r right yogesh chokhra.

Can director's remuneration if considered under salary, claim HRA exemption??

Mr. yogesh can u provide any notification regarding this. 

Because as per my knowelge tds should be deducted on Director Remunaration.

1) The remuneration to be bifurcated into salary and other remuneration.
2) TDS on salary shall be deducted u/s 192. Exemption limit is slab rate.
3) Limit of Rs. 30,000 is NOT APPLICABLE to directors remuneration.

Accordingly, TDS is required to be deducted even if the annual remmuneration is less than Rs. 30,000.

Is it that even a single rupee paid to a director calls for deduction Tds
And if not how do i calculate the amount of Tds to be deducted on directors remuneration???
when we pay salary to directors then we see income and deduction and apply dalry deduction rule
dalry deduction rule?
Sorry that is salary not dalary

Is tds applicable on director remuneration?

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details