44AB
This query is : Resolved
15 October 2010
Sir/Madam
My client, he is an individual and had 44AB Audit in FY 2009-10 and in current year his turnover falls below limit .pl. clarify me whether he should deduct TDS from payments ?
My client, he is an individual and had 44AB Audit in FY 2009-10 and in current year his turnover falls below limit .pl. clarify me whether he should deduct TDS from payments ?
15 October 2010
yes
if turnover in previous year exceeds the tax audit limit then he need to deduct TDS for current year
if turnover in previous year exceeds the tax audit limit then he need to deduct TDS for current year
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