X is the director of private company
Salary of X is 5000000/year
Then how much the TDs of X paid by company for the each quarter
2 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 07 June 2019
if director is a executive director/full time director then remuneration paid is covered under section 192 and tds will be applicable like any other employees of the company. if payment is made in the professional capacity like in case of a listed company payment will be made for attending board meeting here 194J apply and tds has to be deducted accordingly.
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