I had deducted TDS on payment made to 2 directors.
I had remitted this under sec 194J @ 10%.
Is this right? or do I have to deduct & remit the above only under 192B?
If,In the case of remitting against a wrong section, as above, what is the solution?
If the director is employee of the company - TDS u/s192B. Otherwise 194J. You can give letter to the department for rectyfying the mistakes in challan.
This is a Pvt Ltd company , and myself & my father are the 2 directors, and we are the Only 2 shareholders also.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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