does remuneration payable to directors is liable to profession tax along with tds
194 j remuneration to directors
Vince , in persuit of CA (Finding CA ) (380 Points)
04 February 2016
1 Replies
CA Mehul Chudasama
(Chartered Accountant)
(618 Points)
Replied 04 February 2016
It's All Depend Upon The Relationship Of Director With The Company. If It's Managing Director And Whole Time Director Then Deduct TDS U/s 192 by Treating The Payment made to them as Salary and deduct Profession Tax Also.
If You Are Not Treating As Salary Then Deduct TDS 194J As Professional Fees And PT is not Required To Deduct
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