Tds


This query is : Resolved 

(Querist)
10 February 2015 I am carrying a business of Land developing having turnover of 55 lakhs for Ay 11-12 and for Ay 12-13 1 crore 15 Lakhs. My question is that should i be liable for TDS Deduction for payments for Ay 12-13. As For Ay 12-13 i have been scrutinized by income tax.

Rupesh Jain (Expert)
10 February 2015 if you are liable to take audit report u/s 44AB then you have to deduct the if your individaula/huf.

otherwise you have to deduct the tds .


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