Ctds on subcontract 194c
This query is : Resolved
24 November 2012
My claint(Propreitor concern) doing Printing Jobwork from April 2012 till now not deduct TDS is correct or not. (turnover till now Rs.50.00 Lakhs Only)
24 November 2012
only that individual whose accounts are required to be audited under sec 44AB are required to deduct TDS. As your client has not reached the limit of 44ab , hence not reqiured to deduct tds.
24 November 2012
In case my client reached the limit of 44ab from Dec'12 to march 13. we deduct TDS? and if any exemptions in first year of 44AB?
24 November 2012
Yes then you will have to deduct TDS. and further........ their is no such exemption.
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
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- 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
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
