Dear Seniors, please help me, Is there any provision that tds (deductor) applicable only those who's account are to be audited, i.e. whose turnover cross 60 lac limitation.
Suppose one of my client paid to transporter above sixty thousand against billty in single transaction, so my client liable to pay tds to govt. but my ca told me that my client turnover less than 60 lacs not in audit limit, so my client not liable to deduct tds. is it right. please advise me, thanks
CAclubindia
