TDS on contractors for f y 2006-07 - Individual business

This query is : Resolved 

14 March 2009 Weather TDS was applicable in case of Individual -carrying business proprietory firm - having tax audit - for the paymenets made to contractors under section 194C for the financial year 2006-07.


14 March 2009 No need to deduct tax u/s 194C in the given situation. As you know the amendment is w.e.f 1/6/2007 to those cases to whom tax audit was applicable in the preceeding year.


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