Sec 44 Ab


17 May 2017 I have a business with turnover of less than 2 crores and I don't want to go through 44 AD. So I am through sec 44 AB and I am paying interest of 2 lakhs without TDS. can I do like that or to deduct TDS? Thanks in advance

17 May 2017 Deduct TDS as you are falling under 44AB.

17 May 2017 if you are audited u/s 44AB as turnover exceeds 1 crore in last assessment year then you have to deduct TDS otherwise not


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