TDS to be deduct or not?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2010
if a partner ship firm is incorporate and in 1st year he pays contract charges to one party more than 100000/- and the firm is not in audit as it is 1st year
as the firm is liable to deduct TDS on contrect
as the firm is liable to deduct TDS on contrect
10 May 2010
Partnership Firms liable for TDS deduction from day one. So TDS deductible.
Exemption only to proprietorship firms if not liable for audit u/s 44AB in the previous year
Exemption only to proprietorship firms if not liable for audit u/s 44AB in the previous year
Message likes :
1 times
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
- House Property Reporting in ITR
- Refund Annexure-B
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- If there is Long term capital gain exists how much total income to be considered
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
