Is TDS applicable on Director's Remuneration. If Yes then what is Rate of TDS.
Manish khatri (Article) (29 Points)
09 August 2008
Is TDS applicable on Director's Remuneration. If Yes then what is Rate of TDS.
CA Hemant T Dewani
(Chartered Accountant)
(3356 Points)
Replied 09 August 2008
if the drector is apointed as a salary person then it is deducteble as per form 16 & if he is a non executive director then it is under 194J professional charges paid to directors
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 09 August 2008
Director Remunaration TDS applicable as salary slab
Originally posted by :Manish khatri | ||
" | Is TDS applicable on Director's Remuneration. If Yes then what is Rate of TDS. |
" |
CA RAMESH KUMAR AHUJA
(CA, DISA, LLB)
(5452 Points)
Replied 27 August 2008
The rate is not fixed as the tax is deductible in accordance with section 192.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies