IF A COMPANY CREDITED SALARY IN THE ACCOUNT OF ITS DIRECTOR DURING THE YEAR AND THE PAYMENT FOR IT HAS BEEN MADE IN THE NEXT YEAR. THEN TDS WILL BE DEDUCTED IN WHICH YEAR .FOR EXAMPLE :- IF TOTAL SALARY DUE IS RS. 5,00,000/- FOR A.Y. 2010-11. THEN TDS IS RS.52,530/- (IF DIRECTOR IS FEMALE)
WHEN TDS IS TO BE DEPOSITED ????? IN A.Y. 2010-11 OR IN A.Y. 2011-12.
WHICH A.Y. WILL BE MENTION IN CHALLAN????
IF THE COMPANY DEDUCTED AND PAID TDS ON DUE BASIS THEN WHAT WILL BE THE CONSEQUENCES OF IT.
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