salary to foreign director for F.Y.2010-11

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2010 can we issue salary to our foreign director who is having business visa and what will be the implication of tax in india?

If it is not possible then can we provide him consultancy charges and what will be the implication of tax (tds) in that case?

Thanking you in advance for your support.

30 March 2010 If the foreign director is drawing salary in India then TDS deductible u/s 192 on his salary drawn.

30 March 2010 Any income arising or deemed to arise in India is liable to TDS unless it is below the exemption limit.


30 March 2010 deduct tds and release payment



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