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 ).
Menu
Audit under section 44 AD
Replies (1)
He is not required to deduct TDS as his Turnover is less than 60.00 lacs.
Recent Topic
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
Related Topics
CAclubindia
