Please provide brelf explaination about 194j(1)(ba)
Thanking you
2 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 31 August 2012
The finance minister in its budget had announed that any remuneration paid to the director whihc is not in the nature of salary (on whihc TDS is made u/s 192) TDS @ 10% u/s 194J should be made by the company. Services rendered by the directors to the company other than those covered in the ordinary course of business are considered as professional in nature & hance TDS shud be made.
Sonu Kumar
(Account Manager)
(665 Points)
Replied 31 August 2012
Recent Topics
- What is the Rule 86A. Conditions of use of amount
- Surcharge imposed by CPC for AOP
- Query Regarding Capital Gains Computation and Cost
- RCM on payment of rental charges of commercial pre
- Rectification of 16(4) order
- New AD code registration on portal
- Aadhaar and PAN linked after payment of TDS
- Capital Gains exemption doubt
- TDS return Form27A
- PAN card Updation
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
