Is firm covered u/s 44AD of I.T ACT,1961 is liable to deduct TDS?
Akansha jain (CA) (156 Points)
30 May 2017P.S The firm was never get audited in sec 44AB.
Akansha jain (CA) (156 Points)
30 May 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 30 May 2017
"whether a proprietorship firm covered u/s 44AD is liable to deduct TDS? "
NO as The firm was never get audited in sec 44AB.
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