24 April 2018
My client is having a consultancy Business Annual Turnover is 10,00,000/- . He avails a service of a person for his business on contract basis for Quarterly Fees of Rs. 30,000/- . Nature of Service is Technical .
My query is , whether my client requires to deduct TDS for the payment made for services availed as per above.
25 April 2018
Not required compulsory to deduct TDS if turnover is below Tax Audit limit A person is liable to get its accounts audited u/s 44AB if during the relevant financial year its gross sales, turnover or gross receipts exceeds
CAclubindia
