I am not liable to Audit U/s 44AB but I am deducting TDS of sub contractor
This query is : Resolved
30 January 2022
Dear Experts,
I am an electrical work contractor and my turnover is under 1 crore. But, I am deducting TDS on payment to subcontractor. It is my first year of work.
Now, I came to know that whose books are not liable to audit, they are not require to file TDS return.
What if I keep deducting TDS and fill return regularly ?
Please guide
I am an electrical work contractor and my turnover is under 1 crore. But, I am deducting TDS on payment to subcontractor. It is my first year of work.
Now, I came to know that whose books are not liable to audit, they are not require to file TDS return.
What if I keep deducting TDS and fill return regularly ?
Please guide
30 January 2022
No problem you can continue deduction and file return.
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