Tds applicability for non audit individual businessman
This query is : Resolved
Quick Summary
28 May 2021
Non audit individual running a business turnover less than 1 crore,is liable to deduct Tds on commercial property in which is is operating his business?
Please suggest.
Please suggest.
CA R SEETHARAMAN
(Expert)
28 May 2021
Not liable for TDS on such rental payment.
CA Rajat Pathak
(Expert)
29 May 2021
Refer section 194IB..
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