Liability to deduct tds

THERE IS A PROPREITORSHIP , WHOSE TURNOVER EXCEEDS 1CR. IN THE M/O OCT 2013 , SO ITS LIABILITY TO DEDUCT TDS WILL BECOME APPLICABLE FROM APRIL 2013, OR AFTER OCTOBER 2013 OR FROM NEXT FY 2014-15 ? PLEASE PROVIDE ASSISTANCE ASAP

Replies (1)

Dear Sandeep 

 

the moment prop. firm touches the sale of 1 CR, liable to deduct TDS 

 

hence in your case from october 2013

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