Tds
This query is : Resolved
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
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
07 May 2013
and if Instead of Proprietorship if it is Partnership Firm or Pvt. ltd company then what happen?
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Rental income gst and it purpose
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Experts need help
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
