Tds deduction

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Rakesh Sharma (Querist)
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16 May 2016 A proprietor concern having turnover of around Rs. 61.00 Lacs in F.Y. 2015-16 with NP below 8%. Should it gets his accounts audited & deduct TDS u/s 94A, 92B, 94C, 94-J etc. or applicable only on 92B. Please clear the same.

Regards,

Rakesh Sharma

Rupesh Jain

Rupesh Jain (Expert)
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16 May 2016 tds u/s 192 is applicable on all the assessee, its turnover is no matter. but other section audit should be u/s 44AB, your turnover is less than 100 lacs so tds under another section not applicable.

Rakesh Sharma

Rakesh Sharma (Querist)
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16 May 2016 thanks sir

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