Assessee was not liable for tax audit in last year.. Now the turnover is more thn 2crores.. Is he liable to deduct TDS u/s 194C for expenses in the current year..
Please reply along with reasons..
If he answer is No wl he be liable to deduct TDS in the next year..??
1. Prima facie...... No.
2. Yes, for following year.
CAclubindia
