Tds applicability

This query is : Resolved 

20 May 2019 I have a doubt about tds applicability section.. 
turnover is 1 cr. 25 lakh in FY 2017-18 but return file under section 44 AD. salary paid to employee is 5 lakh, soo tds on salary related provison are applicable or not? 

thanks and regards

20 May 2019 192 is applicable irrespective of turnover

20 May 2019 source for 192 is applicable irrespective of turnover?

and in case of section other than 192 (like 194c, 194I, 194J)

20 May 2019 source for 192 is applicable irrespective of turnover?
and in case of section other than 192 (like 194c, 194I, 194J)


20 May 2019 Yes, 192 is applicable irrespective of turnover. But 194c,194j etc based on audit applicability

20 May 2019 Turnover is 1 cr 25 lakh..... but 44 AD presumptive opt.
TDS provision applicable

21 May 2019 TDS provision applicable as turnover exceed one crore in-spite of opting 44AD.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details