03 July 2009
Hello, My client is the director of 2 company from which he is getting Managerial Remuneration. In one case his remuneration is 240000/- per year and in other case around 1 lac. He have interest income also on which TDS is deducted. Now, whether the company from whcih he is getting remuneration is suppossed to deduct tds. and if yes which company and at what rate. Please explain in detail