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TDS on Salary

This query is : Resolved 
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(Querist)
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.
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Ghanshyam T Jha

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Ghanshyam T Jha (Expert)
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.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
27 March 2010 agreed
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