While conducting a Tax Audit of any firm ... Should we conduct TDS audit...if there is no TDS deducted in Form 26AS of the firm.
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Quick Summary
This discussion addresses whether a TDS audit is necessary during a tax audit, particularly if no TDS is reflected in Form 26AS. The consensus is that TDS verification is an integral part of a tax audit. This involves checking if the firm's TDS has been correctly deducted by paying parties and, conversely, if the firm has properly deducted, deposited, and reported its own TDS liabilities on time. These findings must be disclosed in the tax audit report.
TDS verification is part of tax audit. so if tds us applicable, then you need to check if firm's tds us deducted properly by the paying parties, and where firm us liable to deduct tax, then whether it is properly deducted on time and paid to govt. thus needs to be disclosed in tax audit report