23 March 2012
AS per Budget 12-13 TDS is to be done on the remuneration paid to directors if it is not in the nature of salary by the company @ 10% u/s 194 J.
my question is that Exemption limit of Rs. 30000/- u/s 194 J is applicable in the case????
24 March 2012
Clause (ba) has been inserted w.e.f 1/07/2012 with out any other amendments in section 194J meaning thereby all other pre substitution conditions will prevail.
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