Hi, Please note Directors are employees as per the provisions of companies act.
Hence, amounts paid to Directors will results to salary ONLY. Regards, CA Y Kondfal Reddy On 10/17/08, Kiran Takke <[EMAIL PROTECTED]> wrote: > > Hi friends.... > > Could any one explain me..... > > Weather the Directors of the Private Limited firm in India can be paid > under professional charges instead of remuneration for Income tax > purpose............... > > Actuall I want to deduct tds as 10.30 on Professional instead of Income tax > on salaries as we pay it normally....is there any statutory or legal > formality is required in this respect > > > Thanks & Regards, > Kiran Takke > > > > -- CA Y Kondal Reddy --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
