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What is the TO limit for TDS application for Proprietorship

TDS / TCS 605 views 2 replies

 

What is the TO limit for TDS application for Proprietory Firms?

Replies (2)

Dear Ashwin,

In case of Properitory Firms,TDS is applicable if Turnover in the preceeding year exceeds

Rs. 40 Lakhs in case of Business

Rs. 10 Lakhs in case of Profession

agree with Mr.Amir

In case of Properitory Firms, if T.O. in the preceeding year exceeds

Rs. 10 Lakhs in case of Profession

Rs. 40 Lakhs in case of Business


 


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