RS (none) (298 Points)
10 June 2011Please help me with the following query.
Director Remuneration of Rs 1200000 p.a. was paid and TDS deducted was Rs 125500/- The payment to the director was made in march instead of every month. So if I calculate interest on TDS will it be calculated for every month separately or not?
Pls help
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 10 June 2011
IT SHOULD BE ON MONTHLY BASIS
CAclubindia
