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Income Tax - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

TDS u/s 194H OR 192 OR 194J - Disallowance of commission paid to ...

Case Laws     Income Tax

August 23, 2021

TDS u/s 194H OR 192 OR 194J - Disallowance of commission paid to director u/s 40(a)(ia) - where commission is paid to directors as per their terms of employment for work done in their capacity as whole time directors, such commission should be treated as an incentive in addition to salary and same would not come within the purview of commission and brokerage as defined in Section 194H nor a fees for Technical services as defined in Section 194J - AT

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