Tds on director remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2012 Hi,

Can any one pls tell me, whether remuneration and sitting fees payable to director is liable for TDS, if yes under what section

19 July 2012 w.e.f 01/07/2012,Director's Remuneration, which is not in the nature os salary, is subject to TDS @10% u/s 194J. Further, there is no thereshold limit and so TDS shall be deducted even in case if payment/ credit during the f.y. is less than Rs. 30000/-.



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