Tds on directors remuneration.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2018
Dear Sir,
We are from Pvt Ltd Co.
We have 2 directors for the company and are Paying Director Remuneration as Rs.75,000 /- pm one director and Rs. 50,000/-pm Another.
Now, kindly let me how much TDS should be deduct on these accounts for how many months??? Is there any Exemption for TDS ??
Plz tell me
We are from Pvt Ltd Co.
We have 2 directors for the company and are Paying Director Remuneration as Rs.75,000 /- pm one director and Rs. 50,000/-pm Another.
Now, kindly let me how much TDS should be deduct on these accounts for how many months??? Is there any Exemption for TDS ??
Plz tell me
29 January 2018
Deduct TDS u/s 192 treating it as salary payment for 12 months. No exemption from TDS for such payment.
29 January 2018
If the payment made as employee of the company then TDS deducted under 192 B. If the same considered as sitting fee/any other then 194J will applicable.
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2018
Dear Avinash SIr,
We are paying it as Remuneration.
We are paying it as Remuneration.
30 January 2018
You director is giving any service to your company?
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