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Tds related

This query is : Resolved 
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(Querist)
12 August 2013 Under which sec.tds is deductible on directors remuneration?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
12 August 2013 TDS on directors remuneration is covered by Section 194J.
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Ganeshbabu K

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Ganeshbabu K (Expert)
16 August 2013 Budget 2012 inserted a new clause 1(ba)in section 194J which mandates TDS 10% on any remunerations paid to directors of the company.this clause effective from 01.07.2012
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