Tds matter
This query is : Resolved
Dilip Datta Choudhury
(Querist)
11 December 2014
If a partnership firm or Pvt. Ltd. company yearly turnover less then Rs.1crore then they attract TDS as they paid labour charges, consultancy charges to different parties as per I.T. Act, 1961.
Ganeshbabu K
(Expert)
11 December 2014
Irrespective of what ever be the turnover for private limited or partnership
.
.
mandatory to deduct tds if any payments attracts TDS
.
.
mandatory to deduct tds if any payments attracts TDS
Rupesh Jain
(Expert)
12 December 2014
there is no link of tds deduction by pvt ltd . firm with turnover.
they have to deduct the tds always, if they have no sales of single rupees.
they have to deduct the tds always, if they have no sales of single rupees.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
