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Reted to tds

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10 April 2013 Please tell, Whether T.D.S should deducted on remuneration paid to Managing Director of Closely held company
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CA Krunal

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CA Krunal (Expert)
11 April 2013 Yes...

However TDS would depend whether he is under employment of company or without employement.

Accordingly TDS U/s.192 or sec.194 J would be applicable

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