Am I still liable to deduct TDS

I am an individual not liable to audit us 44AB for my publishing sole proprietorship. Am I still liable to deduct TDS for bills paid exceeding Rs. 30,000.

Replies (2)

Dear Karunesh

 

You r not liable to deducted the TDS, bcoz u have not crossed the basic limit of Audit

the rule said tht the if u have covered under audit then u have to complusory have to deducted the  TDS

if by change ur case is being on hearing on this point u can easily be removed this point by saying that the rule has said tht the 1st year of above case has been exempted

 

which says tht if during the last of the year u have croossed the limit of audit & u have not deducted the TDS the u will be granted an exemption for this ground

no u r not liable . u r liable only if ur case is covered u/s. 44AB and that too from 2nd year it is applicable.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details