08 February 2012
if huf is paying rs.30000 p.m. salary to karta of huf for rendering services on account of professional services which is necessary to run the business of huf. what is the tds liability of huf if their gross turnover does not exceeds rs.60 lac.in f.y. 2011-2012
08 February 2012
If no tax audit has been conducted for the immediately preceding previous year and the turnover of the current FY is also below 60.00 lac, still TDS on Salary has to be deducted by the employer HUF in accordance with Section 192.