Tds on director salary

In case of section 192 (TDS on salary), due date for payment of TDS is 7 days from the date of payment. So, if you have paid the tax to the govt within 7 days of payment of salary, then no interest is applicable. Or if the salary is still not paid, you can pay tax within 7 days of making payment of such salary.

THANKS FOR REPLY,

 IS THRE INTEREST IS APPLICABLE OF DELAY IN SALARY IF TDS IS THE CASE OF SALARY NOT PAID LAST MONTH AND TDS IS ALOS NOT DEPOSITED AND PAID SALARY PREVIOUS  MONTH KNOW. 

If payment of salary is made in feb (assuming that 7 days is over in feb itself as I do not know the date of payment of salary), then interest is payable for feb and mar.

thanks to all , one more question if  director salary for jan month and we are paying in march so interest is applicable or not if yes then how .

Mr. Sharma

TDS is required to be deducted only on payment of salary if you have paid salary in the month of march and paid tds before 30th of April then you are not required to pay any interest.