27 September 2013
Dear All, We are deducting & paying TDS on Directors Remuneration as per Section 192 as per salary . Both the directors taking Remuneration Rs. 30000/- each and TDS on Rs. 1000/-per month . They also pay advance tax and file personal ITR . My query is our company is not deducting TDS u/s 194(1)(ba). Pls tell me company is doing any mistake . Kindly explain to whom sec. 194(1) (ba) is applicable.
CAclubindia
