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Tds on salary in case books are not maintained

This query is : Resolved 

05 April 2019 Respected Sir,

My annual turnover for the financial year 2018-19 is Rs. 84 lakh and i m showing profit u/s 44ad of Rs. 588000 i.e 7% of my turnover totally from bank receipts. But i m paying salary to one of my staff member of Rs. 6 lakh annually, can i m liable to deduct tds on salary or not. Plz reply because we are not maintaining books & showing our income in section 44AD

05 April 2019 There is no need to deduct TDS. For safer side, design the salary in proper way (i.e. HRA, Conveyance Allowance etc).

05 April 2019 in that case plz advice us how much amount we can show as hra & conveyance allowances etc.


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