TDS by non-tax audit assessee


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2010 hi
whether a person who is not subject to tax audit u/s.44AB is required to deduct any tax at source as per the TDS provisions.

Akbar Mirza (Expert)
20 May 2010 Yes, person not covered u/s 44AB is not required to deduct TDS.

When the assessee coverd u/s 44 AB,the year in which he covered need not to deduct TDS.

But from subsequent year he is required to deduct TDS.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2010 thax

whether the same stands for companies also.

Akbar Mirza (Expert)
20 May 2010 Its only for Individual & HUF. not for companies

20 May 2010 AGREE WITH MIRZA JI

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2010 thanks sir


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