determination of tds liability
This query is : Open
07 April 2017
turnover of My Client during f.y. 2015-16 is 94 Lakh, during 2016-17 is rs. 1.15 Crore
My Question is whether he is Liable to Deduct TDS during payment Made in f.y. 2016-17 and 2017-18.
08 April 2017
No TDS liability for fy 2016-17 but liable for fy 2017-18.
08 April 2017
but sir audit threshold limit was already increased from 1 crore to 2 crore for f.y. 17-18
08 April 2017
The increase is only for those opting for 44AD.
08 April 2017
ok sir thanks for your valuable suggestions
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
- ITR -1 Filing
- TWO FIRM NAME IN ONE GST NUMBER
- Section 54 f disallowed will be taxed at what rate
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Long term capital gain exemption on sale of mutual funds
- Eway issued more than one
- Transfer of rectification rights to ao
- Trust 10AB form required for old asst. years?
- TDS whether applicable or not in case of Flat purchase
- Share in property
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
