mytaxes ASK ANSWER DISCUSS
April 23, 2014, 07:44:24 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Play Teen Patti online with on LIVE public table. Available for iPhone and iPad. www.octroteenpatti.com. Play for fun and recreation (no gambling). Play in real time with your Facebook friend or other players all over the world.
 
   Home   Help Search Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: TDS on remuneration or commission paid to director - section 194J(1)(ba)  (Read 2238 times)
MyTaxes Support
Administrator
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.
Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.18 | SMF © 2006-2007, Simple Machines | Sitemap Valid XHTML 1.0! Valid CSS!