Sir if a director is owner of the company , then do company can deduct tds under section 194j ?
pls reply
Yes.. Company is a separate legal entity.. Secondly Director is performing Duty in the capacity and Director and not in the capacity of Shareholder..
So when Director Remuneration is paid to a Director (Shareholder acting in the capacity of Director) provisions of 194J would apply..
Further when Dividend is Paid He will receive in the Capacity of Shareholder..
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