Menu
applicability of TDS provisions for non tax audit filers
is it mandatory for a person not filing under 44AB to deduct TDS on interest paid in excess of limit u/s 194A..???
Replies (3)
If person is not covered under 44ab the he is not required to deduct tds. Logic- he is said to be small businessman and he should be exempted from TDS deduction, payment and related compliance. suppose i am a small shopkeeper and taken loan from friend for business. It will be a burden for me to comply with tds provision.
No, Not liable.
individual and Huf if tax audit is not applicable are not required to comply with the TDS provisions
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
