Salary paid to director

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Goutam Basak (Querist)
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12 July 2014 Sir,
I want to know that my company is paying salary of Rs200000/-P.m to a director from F.Y 2014-2015, In which section TDS will be deducted and rate of TDS and any other related matter to be consider in this regards.

Please help me out.
Thanks.

Sandeep Dharar

Sandeep Dharar (Expert)
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12 July 2014 As per me TDS should b deducted u/s 194J. Well u can also wait for other expert's reply.

CA SUNIL K GARG

CA SUNIL K GARG (Expert)
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12 July 2014 IF DIRECTOR IS IN EMPLOYMENT WITH THE COMPANY, THEN TDS WILL BE DEDUCTED U/S 192, OTHERWISE UNDER SECTION 194J

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Ankur Garg

Ankur Garg (Expert)
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12 July 2014 Yes. In your case there is liability of TDS.

Kindly check the link below for detailed answers by experts:

https://www.caclubindia.com/experts/tds-on-directors-remuneration-of-private-limited-company-1367459.asp#.U8D2rqM27cs

Thanks

Goutam Basak

Goutam Basak (Querist)
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14 July 2014 thanks for suggestion