26 March 2010
But is there any other way out to solve this problem as it will create a liability for both the company and the directors. If the company deducts the TDS now for 08-09 then also the directors have to pay tax and interest thereon.
26 March 2010
No interest will be payable by Directors, if Company pay TDS for 08-09, TDS return file for the same and TDS certificated issue to Director for 08-09.