TDS on Remuneration Paid to Directors

G S Rao , Last updated: 24 March 2012  
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TDS ON REMUNERATION PAID TO DIRECTORS u/s 194J(1)(ba) of INCOME TAX ACT,1961 Budget 2012 inserted a New clause 1(ba) in Section 194J which mandates TDS @10 % on any remuneration paid to Directors of a company. This clause will be effective from 1st July,2012. The newly inserted

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Published by

G S Rao
(Deputy General Manager)
Category Income Tax   Report

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