Tds on director remunaration

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Guest

Guest (Querist)

06 September 2012 DEAR SIR

IF PAID DIRECTOR REMUNARATION TO THE DIRECTOR HTEN TDS WILL BE DIDUCT BY @ 10% BY SECTION 94J ( BY NEW AMEDMENT IN FY 12-13)

BUT SERVICE TAX IS APPLICABLE OR NOT

PL SOME ONE GUID TO ME ON MY MAIL ID

sanjay.vyas2@gmail.com

THANKS

BEST REGARDS

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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06 September 2012 State The Designation Filled When Form 32 is Submitted in ROC.

If Director is Appointed as Executive Director, Then Service Tax is Not Applicable.

On Remuneration Paying to Executive Director, 192 as a Salary is Applicable, Not 194J.

194J Applicable In Case of Sitting Fees, Consultancy Paid etc to Director.