Easy Office
LCI Learning

Tds reg director remuneration

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 February 2014 under which head director remuneration is taxable. and how much tds to be made on that by the company under which section.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
02 February 2014 TDS on Salary paid to Directors shall be deducted u/s 192.

On any other payment (Sitting fees, Commission etc) TDS to be deducted u/s 194J(1)(ba) @10% from 1st July, 2012 onwards.

Applicable irrespective of the nature of directorship.

For details see article from below link--

https://www.caclubindia.com/articles/tds-on-remuneration-paid-to-directors-13422.asp#.Uu4ZmU1DHVJ
Profile Image

AVTAR SINGH

Profile Image

AVTAR SINGH (Expert)
02 February 2014 Director's remuneration is taxable under the head Salary Income. TDS is also deductible under section 192b.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links