Director Sitting Fees & TDS for Companies in Coimbatore

Companies paying sitting fees to directors for attending board or committee meetings must deduct TDS at the applicable rate and report payments in quarterly TDS returns.

Compliance checklist

• Verify director PAN before payment
• Deduct TDS and deposit within due dates
• Issue Form 16A and file Form 26Q
• Directors report income in ITR under appropriate head

See director remuneration guide, 194J TDS guide, and TDS return filing.

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