Tds deduction
This query is : Resolved
09 October 2018
Dear Sir,
I am a proprietor of a transport company and own only two vehicles for transport services. My turnover is not over Rs.15,00,000/- during last three years. I have not yet obtained TAN number and do not deduct TDS on expenses.
My query is whether I have to obtain TAN number from Income Tax Department or not even I am not liable for tax audit.
Thanking you in advance,
Vinod Kumar Shukla
9699236571
I am a proprietor of a transport company and own only two vehicles for transport services. My turnover is not over Rs.15,00,000/- during last three years. I have not yet obtained TAN number and do not deduct TDS on expenses.
My query is whether I have to obtain TAN number from Income Tax Department or not even I am not liable for tax audit.
Thanking you in advance,
Vinod Kumar Shukla
9699236571
10 October 2018
You need not deduct TDS as tax audit not applicable to you.
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