04 July 2011
One of Director having total tax liability for the FY come around Rs.8,64,052/- out of that TDS certificate of Rs.8,62,639/- is available including from renumeration. Balance tax payment is Rs.1410/-.
1.Whether he has to pay interest for the same, if yes rate of interest and period
2.Whether he can pay tax through chalan to nationalised bank? which chalan he has to use?