banner_ad

TDS liability

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 September 2009 Respected experts

A proprietor is for the first time under tax audit for FY 2008-09. He has paid commission amounting to Rs. 8500 during the year. He is not liable to deduct TDS u/s 194H. Am I right? Please tell.

Thanks
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
06 September 2009 He is liable ot deduct TDS on brokerage paid above Rs. 2500/- to any person during the year.
So u r wrong and TDS Liable u/s 194H
Profile Image

Jitender

Profile Image

Jitender (Expert)
06 September 2009 as he is an individual tehrefore, he is liable to deduct TDS only he is liable for Tax audit in last year. therefore, u r right.
Profile Image

CA CHINTAN AJMERA

Profile Image

CA CHINTAN AJMERA (Expert)
06 September 2009 You r right. he is not liable to deduct Tds because proprietor is for first time in tax audit.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
07 September 2009 Since he is under audit last year then he is liable for deduction of tax w. e. f. 1.04.2009. I dont know how the others are interpreting the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details