Tds

This query is : Resolved

CA SANDIP PATEL (Querist)
Follow

07 May 2013 For e.g I am Proprietor My T/o is Rs.65 lac in the FY-2011-12 means I am Liable for Tax Audit u/s 44AB and I have to Deduct TDS in FY-2012-13.

My question is now that if My T/o is Less than 1 cr in FY-2012-13 then whether I have to require to TDS in Subsequent Year?

Please Reply

CA SANDIP PATEL

CA SANDIP PATEL (Querist)
Follow

07 May 2013 and if Instead of Proprietorship if it is Partnership Firm or Pvt. ltd company then what happen?

CA Bijal Shah

CA Bijal Shah (Expert)
Follow

08 May 2013 For the purpose of sec 194A, 194C, 194H, 194I and 194J of TDS, Individual or a HUF if 44AB limit is not crossed in the preceding FY then no need to deduct TDS. but for Partership firm and company irrespective of turnover limits provisions of section will aply.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Chnmaya parhi

NIKHIL GUPTA

Sabareesan S Venkatesh

Purav Dholakia

sinu kurian

Subscribe Now

Tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Senior Executive

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY

Accountant