TDS and Advance tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 May 2011 Assessee is Director of P ltd
His remuneration is 3lakhs PA
He paid advance tax 25,000
whether company still need to deduct TDS
on remunaration

02 June 2011 here there is no need to deduct TDS because there is no liability on the part of Director after payment of Rs. 25000/- as Advance Tax.
Pls refer the case of Hindustan Coca Cola Beverage (P) Ltd. v/s. Commissioner of Income Tax, (2007) 293 ITR 226(SC0



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