Applicabilty of tds
This query is : Resolved
13 August 2012
ASSESSEE INDIVIDUAL WAS IN AUDIT IN F.Y.09-10.THEREAFTER THERE WAS NO AUDIT IN F.Y.10-11 BUT IN F.Y 11-12 AGAIN HE IS IN AUDIT. SO MY QUERY IS WEATHER HE SHOULD DEDUCT TDS ON PAYMENT IN F.Y.11-12?
13 August 2012
No because liability of tax audit in P.Y. is to be seen
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