Sect 44 ad

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Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2015 If a partnership firm follows presumptive taxation (Sect 44AD) then whether the firm is liable to deduct TDS while making payments.

CA.Sourabh Sethia (Expert)
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20 June 2015 TDS is applicable to Firms & companies irrespective of the fact that they follow presumptive taxation

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