Tds deduct liability?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2012
I have proprietorship firm, & My Company was in audit before 2 financial year, so i deducted tds in last financial year, but not in audit last fy, so i am liable to deduct tds in current year or not?
I Have Audit in Fy 10 11
Not Audit In FY 11 12 (TDS Deducted from party)
Now What in FY 12-13? is there liability to deduct tds
I Have Audit in Fy 10 11
Not Audit In FY 11 12 (TDS Deducted from party)
Now What in FY 12-13? is there liability to deduct tds
20 December 2012
Yes,
You have to follow previous year proceduct and have to deduct TDS in current Financial Year and carry on.
Thier is no difference weather you cover u/s 44AB or not.
Now please deduct TDS and file return properly.
Regard
Mohit
You have to follow previous year proceduct and have to deduct TDS in current Financial Year and carry on.
Thier is no difference weather you cover u/s 44AB or not.
Now please deduct TDS and file return properly.
Regard
Mohit
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