Tds
This query is : Resolved
08 July 2013
Individual assessee shown less than 8% profit,hence books are audited u/s 44AB.
Doubt is below:
As an individual is the assessee individual is liable to deduct TDS in relation to Rent payment. Because individual turnover is less than 60 lakhs. Hence books of accounts are audited.
Whether individual liable to TDS or not
Doubt is below:
As an individual is the assessee individual is liable to deduct TDS in relation to Rent payment. Because individual turnover is less than 60 lakhs. Hence books of accounts are audited.
Whether individual liable to TDS or not
08 July 2013
Under sec 194I liable to deduct tax.
Hemant Kumar
(Expert)
08 July 2013
Agree with expert.
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