Dear frds/ experts,
In case a company is liable to deduct TDS on Director's remuneration u/s 192, where during Apr to Sep'15, no payment was made to him as salary, hence TDS not deducted & not paid. where as from Oct'15 -Mar'16, TDs deducted & paid in their respective months. At the end of Mar'16, Director was paid his earlier Apr-Sep'15 salary & Tds deduction made & paid that in Apr'2016.
Now in this scenario, does it attracts interest on TDS for late payment???
Plz suggest your answers with sections .....
Earliest reply would be greatly appreciated ...
Thanks in advance,
Maya.
CAclubindia
