Dear All,
Remuneration is paid to non-executive director on monthly basis u/s 309 (4) (a) of Companies Act. How TDS shall be deducted?
My view:
1. Not as TDS on salary, as he is not an employee
2. Not as professional services as he has no professional qualifcation, nor giving any professional service to the Company.
3. Nor as commission or brokerage as he is not paid remuneration U/s 309 (4) (b).
Then How to make TDS.
Solicite your views.
CAclubindia
