Dear sir,
In a private limited company director's remuneration is Rs.40,000/- Per Month (Rs.4.80Lacs Per Annum) for FY 2011-12. The company din't filed any e-TDS return (24Q) from Q1 to Q4. In the month of March 2012 Rs.30,000/- TDS has been deducted and paid by way of Challan. (Calculation Rs.4,80,000 - Rs.1,80,000 Exemption = Rs.3,00,000 x 10% = Rs.30,000/-). Forget about other deductions, since the same director is director for more than one company and getting higher remuneration from other companies also. Pls ignore interest part also.
As per account books, Date of Payment or Credit is Last day of Each Month and hence 12 Entries for remuneration for Rs.40,000/- each are passed. Now my query is, what to mention in the "Date of Payment / Credit" and "Amount Credited" in e-TDS return of Q4? Am i need to mention the amount paid to the director in e-TDS return of Q1, Q2 & Q3 and show that TDS deducted is Zero? Please reply.
Thanks in Advance!!
CAclubindia
