Tds
This query is : Resolved
27 September 2011
Who is responsible to deduct tax at source? and what is the real provision of Income Tax? Is a Pvt or Public Limited company is liable to deduct tax at source though it is not falling under the purview of Tax Audit Provision u/s 44AB?
27 September 2011
Every person responsible for paying to any person some specified incomes is responsible for deducting tax at source.
A company, whether a private or public, is equally responsible for deducting TDS.
TDS & tax audit are 2 different responsibilities cast on assessees. Both are independent of each other.
A company, whether a private or public, is equally responsible for deducting TDS.
TDS & tax audit are 2 different responsibilities cast on assessees. Both are independent of each other.
27 September 2011
Every person responsible for paying to any person some specified incomes is responsible for deducting tax at source.
A company, whether a private or public, is equally responsible for deducting TDS.
TDS & tax audit are 2 different responsibilities cast on assessees. Both are independent of each other.
A company, whether a private or public, is equally responsible for deducting TDS.
TDS & tax audit are 2 different responsibilities cast on assessees. Both are independent of each other.
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