Provision of TDS deduction by LLP
This query is : Resolved
13 October 2020
Hello Experts! My question is that what is the rule for TDS deduction by LLP. If their turnover is below 40 lac is it mandatory to deduct a TDS of the deductee or their turnover limit is 1 cr for TDS deduction?
13 October 2020
TDS applicable for LLP without any turnover limit.
14 October 2020
Thanks for your reply and what about the partnership firm?
14 October 2020
Same provisions applicable to Partnership firm.
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