banner_ad

Tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 February 2013 Dear all

Is it mandatory to deduct tax????
In my case, a proprietor who is paying labour contracting charges (>30000/75000)& rent (>180000) is liable to deduct tax or not.
please explain it with example & refer the site for the same
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
26 February 2013 Please refer Section 194C & Section 194H of the Income Tax Act.
.
TDS will be required to be deducted only when the Accounts of the preceding previous year of the business of the proprietor were under Tax Audit U/s 44AB due to the turnover
exceeding the specified limits in the said section.
.
In a case where no tax audit was carried on in the immediately preceding year, TDS is not required to be deducted.
.
Profile Image

Roshni Garach

Profile Image

Roshni Garach (Querist)
27 February 2013 thank you sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details