TDS
This query is : Resolved
23 May 2009
I HAVE A BUSINESS MY TURNOVER IS BELOW 40 LAKH & I AM PAYING RENT 130000 SHOULD I DEDUCT TDS AT TIME OF PAYMENT &IF ITS A COMPANY THEN
23 May 2009
If you are a individual or huf and your gross turn over is below 40 lakhs then you need not deduct TDS.
23 May 2009
..........Rs.40/-lakhs in the immediately preceding previous year of the concerned assessement year..........
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