Whether Setting fees paid to director of Co-operative society/ Banking institutions is eligible for TDS deduction U/s 194J
Reply- As per Section 194J(1)(ba), any payment made to director in the nature of sitting fees, remuneration or any other sum other than those on which tax deductible under section 192 is to be considered for deduction of tax at source @ 10% under secti?on 194J.
Posted Date: Jul 16, 2020