Tds on bonus to director

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When should company deduct TDS on bonus to director?

1.JV made on 31/03/2018 for bonus to director.

2.Payment for bonus will be made to director after one year.

>>>> Do company need to deduct TDS on bonus to director in F.Y. 2018-19 or TDS will be deducted at the time of payment of bonus to director??

Replies (1)
Originally posted by : Hiral
When should company deduct TDS on bonus to director?

1.JV made on 31/03/2018 for bonus to director.

2.Payment for bonus will be made to director after one year.

>>>> Do company need to deduct TDS on bonus to director in F.Y. 2018-19 or TDS will be deducted at the time of payment of bonus to director??

Rectification in question : Do company need to deduct TDS on bonus to director in F.Y. 2017-18 or TDS will be deducted at the time of payment of bonus to director??

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