30 October 2012
Hello CA's I am an accountant. I want to gain some knowledge about the new section 194J(1) (ba) of the Income Tax in which the tds is required to be deducted on remuneration or comission paid to director of the company. My point is this what is the difference between salary to Director and the remuneration to whole time Director of the Co. If the company is deducting tds on the basis of salary i.e. on average basis, is it right? Kindly advise. Regards Sanjay