Applicability of tds provisions to assessee opting 44ad

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Gaurav Mahajan (Querist)
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16 September 2018 If an assesse having business income (Less than Rs. 100 lacs in the preceding F.Y) opted for Section 44AD taxation scheme pays salary to his employee, whether TDS liable to be deducted u/s 192, when employee's total income exceeds "the maximum amount not chargeable to tax" ?
Thanks in anticipation.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 September 2018 TDS provisions applicable only when turnover exceed 1 crore.

Gaurav Mahajan

Gaurav Mahajan (Querist)
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16 September 2018 But sir isn't it that S-192 mentions every assessee who ia required to pay salary is required to deduct tds if employee's total income is chargeable to tax?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 September 2018 Yes agreed with you TDS applicable in case of salary payment.

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Applicability of tds provisions to assessee opting 44ad

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