Professional fee to director of pvt. ltd. company

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jay prakash dubey (Querist)
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07 May 2019 Dear Respected member,
Kindly help me in following query

Can a Pvt. Ltd company pay Professional fee instead of salary to its director, director having professional qualification.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 May 2019 Yes professional fee can be paid to director.

jay prakash dubey

jay prakash dubey (Querist)
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07 May 2019 dear sir, can you please refer that section which allowed to do so. thank you so much for reply.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 May 2019 I am a director of a private ltd company and being paid professional fees.
It must be noted that the clause i.e., 194J (1)(ba) covers any remuneration paid whether by way of fees or commission or by any other name and such payments shall be subjected to TDS 10%.