I would like to know that difference between director salary and director remuneration. As per new clause under GST Act RCM is applicable on director remuneration. Please advise me how i tackle this situation.
04 December 2019
Director salary is paid for full time director and TDS deducted u/s 192b. Director remuneration paid for non executive director like sitting fees on which TDS of 10% deducted u/s 194J.