Easy Office
LCI Learning

Tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 June 2014 MNO and co. ltd paid Rs. 19000 to one of its Director as sitting fees 01.01.2014. what are provisions relating to tds for fy 2033-2014 whether required to tds or not please suggest
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
12 June 2014 yes tds under 194J is deductible....
Profile Image

Shrikant Toshniwal

Profile Image

Shrikant Toshniwal (Expert)
12 June 2014 194j is use fees for professional /technical services
No if single payment during the year is made to director no need of tds as 194j 30000/-limit
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
12 June 2014 pls refer to ammendments made by finance act 2012 where the director is brought under the purview of sec 194J
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
12 June 2014 No threshold limit for Directors Sitting fees u/s 194J (1)(ba). Rate 10%.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links