Tds

This query is : Resolved 

11 September 2013 Sir/Madam, Will proprietary concern be required to make a TDS toward the payment Rs.60k to an individual or proprietary concern agsinst sec 194c,194J, 194H etc., since it falls below 44AB Audit? Pls revert to me ur precious reply at the

11 September 2013 yes proprietory concern be required to deduct the TDS

11 September 2013 In case of propritorship firm no tds applicable on its payments if it is not subject to tax audit in previous financial year

11 September 2013 Sorry for incorrect reply.........mr.ganeshbabu is correct


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