Tds

This query is : Resolved 

21 September 2011 An individual carrying rent a car business whose total turnover in p.y 2009-10 was Rs. 48 lacs whereas his turnover in p.y 2010-11 is Rs. 90 lacs , now will he liable to deduct tds u/s 194C???

21 September 2011 No he will be liable for TDS in the next year and not in the current year.

21 September 2011 Ok.
Thanks Dude...

21 September 2011 @ Vishrut why not he is liable?
I think he is liable for current year and for previous year as well.


Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615


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