Tds

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Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2013 hi everyone.
I want to know that when it is compulsory to deduct tds for partnership firm ?

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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14 March 2013 ever time when make the payment which are liable to deduct TDS.
deducted at time of payment or credit which ever is earlier. (non salary)

Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2013 Thanks
and what about proprietor ?

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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14 March 2013 last year tax audit was applicable then TDS applicable else no.

Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2013 ok thanks.......

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