Tds help

Page no : 2

Raghunath Prasad (WORKING) (385 Points)
Replied 25 December 2011

tds deducted for individual only one situation when u r lible to book maintained for IT act other wise no tds liabilty for individual

Sarika M (Credit Manager) (40 Points)
Replied 25 December 2011

hi,

my final attempt will be in 2013 november

suggest me when should i appear for coaching classes & where ?

please reply me .

vikas gour (student) (36 Points)
Replied 26 December 2011

if payer is liable to tax audit in last year then tds has to be done.

IMRAN KHAN (CA FINAL ) (41 Points)
Replied 26 December 2011

Kindly see the provision of Sec-194I

Person responsible to deduct TDS:

All assessees(except individual and HUF who are not subject to tax audit u/s-44AB of the Act during the preceding financial year)

Hence a salaried person can not be audited u/s-44AB(TAX AUDIT)

So no need to deduct tax.

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