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