Tds paid by director


private worker

comoanys director deposits TDS from his personal accounts then it will be correct ?
please answer the same
 
Reply   
 

threshold limit 30k ki hai and it's exceeded here November the case 
so TDS deductible at 10% 

Total likes : 2 times

 
Reply   
 
private worker

sir my point is paid TDS of behalf of company
 
Reply   
 

why is he required to deposit from his personal account. who is actually liable to deduct tax
 
Reply   
 

tax deductor ..
 
Reply   
 
private worker

company liable to pay tax but due to short payment director paid the amount
 
Reply   
 

it all depends on whether the amount deductible been deposited to government within time

Total likes : 1 times

 
Reply   
 
private worker

sir how to show in the books please guide
 
Reply   
 

TDS deducted as liability being deposit to government

Total likes : 1 times

 
Reply   
 

The director is not liable to pay TDS on behalf of the company from his personal account. However if he does so, the company shall reimburse him for the same as and when it's cash flow allows it to.
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU