Chartered Accountant
2229 Points
Joined May 2014
As per section 194J, any person not being an individual or a Hindu undivided family, who is responsible for paying to a resident any sum by way of any remuneration or fees or commission by whatever name called, other than those on which tax is deductible under section 192, to a director of a company shall, at the time of credit of such sum to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct an amount equal to 10 per cent of such sum as income-tax on income comprised therein.