Tds


This query is : Resolved 

(Querist)
24 September 2015 turnover for f.y. 14-15 is more than 1 crore. so he is liable for tax audit. whether he is liable to deduct tds on salary and interest.? or since this is first time audit so not liable for tds?

24 September 2015 If the said person is INDIVIDUAL, then TDS provisions will be made applicable from the financial year 2015-16.


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