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VINEESH KHANNA (CHARTERED ACCOUNTANT)     16 March 2009

TDS on Sitting Fees

 

Hi All,

Pls tell, is there any statutory requirement to deduct TDS on the Sitting Fees, being paid to directors of a company (both private & public co.)?

If Yes, then do share any documentary evidence.

 

Regards,

VINEESH KHANNA



 1 Replies

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Landmark Group)     17 March 2009

No, there is no need to deduct TDS on sitting fees.


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