10 June 2010
in any P.Y. tax audit has not been done bcz of mone. limit u/s 44AB not achieve in that P.Y. year tds on int. shall be deducted or not.before this P.Y. year tax audit had done.
10 June 2010
In case of Individual & HUF, TDS on interest is not liable to be deducted if in the preeceding year the deductee was not liable for audit u/s 44AB.
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