Please tell me that 1. can we paid Director's Remuneration in cash? 2. Can we have to Deduct TDs on it. I am waiting for reply. Please mail me at my mail id mkp2685@gmail.com or filmsmukesh@gmail.com.
07 March 2009
2. if salary for the year after deducting exempted allowances and investment u/s 80C is more than 150,000 then you need to deduct TDS on monthly basis.
07 March 2009
But for Cash payment do affix a revenue stamp. and for TDS just take decleration from directors about his other incomes and deductions as provided in Section 192.
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