TDS and Advance tax

This query is : Resolved

Querist : Anonymous

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

CA NIDHI VYAS

CA NIDHI VYAS (Expert)
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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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