07 August 2014
Yes. TDS Required to be deducted u/s 194C.
Only Individual and HUF are exempted from deduction of TDS if their file was not under Tax Audit during previous Financial Year. Other entities required to deduct TDS.
07 August 2014
yes if you are (in cast of individual/HUF) getting audit report on your a/c u/s 44AB then you have to deduct the TDs . in other case you have tot deduct the tds.
CAclubindia
