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Itr 4s
During F.Y. 2014-15 books of assesee are audited under Sec 44AB now, in F.Y. 2015-16 the total turnover is Rs. 40 Lac & the return file as 4S. Now, my question is whether TDS is applicable for Interest & Brokerage paid during F.Y. 2015-16 is more than Rs. 5000 or not as we file return as 4S.
Thanks.
Replies (1)
yes, if immediately preceding year is a tax audit then in the current year he has to deduct tds
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