Directors remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2012 We are paying remuneration to our directors as slary. We also deducts the PF as from it. Is the payment of such shall be taxable u/s 192 or 194J.

Please advise.

Regards


05 July 2012 Since the remuneration is in the nature of salary, TDS will be deducted u/s 192.

05 July 2012 I agree with the comments of Shri S.Bhardwaj.




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