TDS on MD Remunaration

Hi all

I hv a doubt regarding TDS on Directors Remunaration ple clarify it

wt is the Rate of TDS on MD & Directors Remunaration &

Under which sec we deduct TDS On the above

Thanks & Regards_ _ _

Replies (2)
As per company act MD is employee of company. therefore employer and employee relation ship exist. Therefore TDS will be deducted on MD Salary under section 192 at average rate.

Truely said.

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