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Tax Deducted At Source

This query is : Resolved 

31 July 2009 an individual has not fallen in Tax Audit in Previous financial year.but in current year his turnover is likely to exceed 40 lakhas is he liable to deduct TDS? becoz act specify individual whose accounts to audited u/s 44AB during the immediately P.Y has to deduct TDS

31 July 2009 Yes, He has to registered for TAN no for deduction of TDS in Current year.


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