Tax audit
This query is : Resolved
27 August 2014
IF THERE IS NO TAX AUDIT AND FIRM IS RUNNING FROM LAST 5-6 YEARS THEN, WILL THERE BE ANY REQUIREMENT TO DEDUCT TDS ON ANY SEC 94C,94I,94A,94J.
PLS SUGGEST
THANKS
PLS SUGGEST
THANKS
27 August 2014
Partnership Firm is liable to deduct TDS irrespective of Tax Audit and T/o during the year
27 August 2014
that audit requirement is only for ind and huf and not for firms if the threshold limit is crossed then tds is to be deducted
27 August 2014
means if tax audit is not liable then no liability to deduct tds.
27 August 2014
Yes. But this is applicable only fir Individual and HUF.
27 August 2014
if partnership firm then tds liability from the fist day of business. its not matter tax audit is compulsory or not.
but in prop. firm there is depend of sales .
but in prop. firm there is depend of sales .
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