14 March 2011
Is that the TDS provisions will also be applicable to Director's Remuneration in case of an Indian Pvt Ltd co.? If so at what rate? In which head of income will it be taxed in the hands of Director - Whether Salary or Business Head? Whether the payment is covered by Sec.40 A (2) and 40 A (3) of Income Tax Act?
CAclubindia
