We are paying salary to Directors from two different companies. While calucating TDS from salary, shall we consider 1.60 Lakh deduction from both company, or calulate TDS from above Rs.1.60 Lakhs from one company and T DS to be calculated from total salary in another company.(From Rs.1)
1 Replies
GAURAV BEHL
(CA-FINAL )
(228 Points)
Replied 11 November 2009
u should consider exemption limit of rs1.6l only once..and deduct tds on total income of the directors from both the companies
Recent Topics
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
- Can Statutory Auditor of a subsidiary become concu
- Client Asking for the Revised Invoice
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- GST registration for medical shop in Karnataka
Related Threads
CAclubindia
