TDS


This query is : Resolved 

08 June 2010 Kindly tell me sir whether the Proprietor of a business is liable to deduct tax at source while making payment of commission, which is in excess of Rs.2500

08 June 2010 Individual should deduct TDS as per prescribed rates only if he is under tax audit.

08 June 2010 agreed, if he is liable to tax audit , then he has to deduct tds .


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