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Is TDS Applicable for 44ada cases?
Is TDS Applicable for 44ada cases? or non filer of Income tax cases?
Replies (1)
TDS has to be deducted if the individual whose total sales or turnover from the business or profession carried on by him exceed one crore rupees in the case of business or fifty lakh rupees in the case of the profession during the financial year immediately preceding the financial year in which the amount is being paid.
In case of any further queries, kindly mail me at casoravgupta @ gmail.com
Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)
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