TDS deduction

This query is : Resolved 

07 May 2010 Whether an asseesse being individual engaged in trading & sales of Auto Riksha & their spare parts covered under tax audit is liable for TDS deduction on Interest payments to Supplier /Dealer towards non making payments within stipulaated time.( already crossed the threshould limit)

07 May 2010 YES LIABLE TO DEDUCT TDS BEING COVERED UNDER TAX AUDIT.

07 May 2010 yes, you should deduct TDS.


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