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Author Topic: TDS on remuneration or commission paid to director - section 194J(1)(ba)  (Read 2238 times)
MyTaxes Support
Sr. Member
Posts: 212

« on: May 04, 2012, 12:23:25 PM »

Under new section 194J(1)(ba) on any remuneration or commission paid to director of the company, TDS is deductible under professional fees. The rate of TDS is 10%. This is effective form 1 July 2012. So this will be treated as business income.
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