Tds


This query is : Resolved 

(Querist)
11 August 2014 I am business man - individual
rent of godown paid Rs.240000/-p.a.
whether TDS is to be deduct. when or why?

11 August 2014 yes if your turnover exceeds Rs 1 cr. otherwise no.

Rupesh Jain (Expert)
12 August 2014 you your accounts audit u/s 44AB in last year the you have to deduct the TDS in current year payment otherwise not required.


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