Tds
This query is : Resolved
SarwarAlam Khan
(Querist)
21 September 2011
CMA Sanjay Gupta as u've said that as the threshold limit of rs. 60 lacs is applicable from 1/4/2010, so my turnover for year ending
31/3/2010 was rs. 48 lacs and for the year ending 31/3/2011 its turnover is rs. 90 lacs,so now tds would be deducted for the year ending 31/3/2011????
31/3/2010 was rs. 48 lacs and for the year ending 31/3/2011 its turnover is rs. 90 lacs,so now tds would be deducted for the year ending 31/3/2011????
CA MANOJ GUPTA
(Expert)
21 September 2011
U are liable to deduct TDS during the year 2010-11 as well because ur turnover is well above the threshold limit of 40 lacs applicable for the year ended 31.03.2010
In the year ending 31.03.2011 since ur turover is above 60 lacs hence u are liable to deduct tax in the year 2011-12 also
CA MANOJ GUPTA
JODHPUR
09828510543
In the year ending 31.03.2011 since ur turover is above 60 lacs hence u are liable to deduct tax in the year 2011-12 also
CA MANOJ GUPTA
JODHPUR
09828510543
SarwarAlam Khan
(Querist)
21 September 2011
Ok, Thanx bro...
Yogesh Agarwal
(Expert)
21 September 2011
Agree with manoj ji.
21 September 2011
Good and clear reply by Manoj sir like a expert keep it up
Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
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