What is the limit for deducting TDS for the director's remuneration?
Please help me sir,
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Quick Summary
This discussion clarifies the threshold limits for deducting Tax Deducted at Source (TDS) on director remuneration. It explores whether TDS should be deducted under Section 192 for annual taxable income exceeding Rs 5 lacs. For non-executive directors, it suggests considering professional fees under Section 194J as a potentially debatable but prudent approach.