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Tds

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(Querist)
19 June 2015 in which circumstances an individual required to deduct tds.and in which situation it is compulsory for individual to deduct tds otherwise he would be liable for penalty .
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
19 June 2015 only where turnover crosses the limit prescribed under section 44ab or where property is bought for excess of Rs 50 lakhs.

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