07 April 2018
I am cloth merchant. FY 17-18 is my first year of audit. Should i deduct tds on job work bills dated in 17-18 which are being paid in 18-19. please clarify from when to begin tds deduction on payments
08 April 2018
ty for your reply.need further clarification. i was told that it is not mandatory to deduct tds for the first year of audit. so i didn't apply for tds no. in FY 17-18. I applied in FY 18-19. Should i start deducting tds for the bills of FY 17-18 as i am paying them in 18-19 or only for the bills of FY 18-19.
CAclubindia
