mytaxes ASK ANSWER DISCUSS
April 16, 2014, 10:30:12 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: Play Indian Rummy online on LIVE public table. Available for Android, iPhone and iPad. http://www.octrorummy.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 2223 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!