TDS ON DIRECTOR SITTING FEES
Anoop srivastava (223 Points)
26 May 2020
WHETHER DIRECTOR SITTING FEES WILL NOW ATTRACT TDS OF 10% or 2% from fy 2020-21
1 Replies
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36380 Points)
Replied 28 May 2020
Any remuneration or fees or commission by whatever name called, other than those on which tax is deductible under section 192, to a director of a company shall liable to be deducted @ 10%
Reduced TDS Rate by @ 25% will be applicable from 20th March 2020 to 31st March 2021
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