Dear Friends
Pl tell me if some one showing Profit less than 8% and going for audit as per 44 AD norms in FY 10-11.Now next year (FY 11-12) he should apply for TAN No. & deduct TDS (As we do in tax audit client case ).
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Audit under section 44 AD
Replies (1)
He is not required to deduct TDS as his Turnover is less than 60.00 lacs.
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