Tds on salary/remuneration to director

This query is : Resolved

Arun Bansal (Querist)
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18 February 2013 Dear Sir,

we have not book remunaration to director from sep-12 to jan-13 and no tds deduct/deposit.

now we want to pay the remuneration to director from sep-12 to jan-13.and deduct the tds as applicablr

we want to know that how can i adjust this in my accounting books and what is my interest liability on TDS.

can i book the total remuneration in m/o Feb-13.(Sep-12 To Jan-13)

CA Prashant Gupta

CA Prashant Gupta (Expert)
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18 February 2013 in practical
year is not close
so book remuneration now, in Feb-13
now deduct TDS in Feb and deposit in March-13.
then no interest.
i took you didn't book remuneration and you didn't pay that remuneration. So book now and pay now