WHEN APPLICABLE SEC-194J ON DIRECTOR
SHAHDAB KHAN (ACCOUNTS MANAGER ) (99 Points)
07 October 2013WHEN APPLICABLE SEC-194J ON DIRECTOR
Deepak Gupta
(CA Student)
(15922 Points)
Replied 07 October 2013
| Originally posted by : SHAHDAB KHAN | ||
 |
WHEN APPLICABLE SEC-194J ON DIRECTOR |
 |
W.e.f 01.07.2012, u/s 194J(1)(ba) tax is required to be deducted on any remuneration/fee/commission by whatever name called paid to a director, which is not in the nature of salary, at the rate of 10%.
.
(There is no threshold limit of Rs. 30,000 in case of a payment to a director, as said above.)
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
