About tda
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 April 2011
I am Individual having trading business in nature turnover 30 lakhs
I need to pay commission of Rs.25000 to single person
whether i need to deduct TDS for such payment
I need to pay commission of Rs.25000 to single person
whether i need to deduct TDS for such payment
28 April 2011
No an individual is liable to deduct TDS if he is liable for tax audit u/s 44AB. for this turnover need is 60 lakh. So you are not liable. But if you are liable for tax audit under any other section 44AD etc then you need to deduct TDS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
