Dear All,
whether a pvt. ltd., company is liable to deduct TDS even if the company does not fall under tax audit??
Plz reply
Thanks & Regards
Sowmya.S
karan jit singh
(Consultant)
(1299 Points)
Replied 05 December 2012
company is liable to deduct TDS even if the company does not fall under tax audit
CA.Vinita Gupta
(Deputy Manager- Finance)
(2923 Points)
Replied 05 December 2012
All companies have to deduct TDS whether liable for Tax Audit or not
pallav
(still a learner....)
(938 Points)
Replied 05 December 2012
it is immeterial that tax audit is applicable or not.....
SUNDARAM.V.V
(ACCOUNTS)
(60 Points)
Replied 05 December 2012
CA vandan hemantbhai mehta
(c.a.)
(60 Points)
Replied 06 December 2012
ALL COMPANY IS LIABLE TO DEDUCT TDS
CA vandan hemantbhai mehta
(c.a.)
(60 Points)
Replied 06 December 2012
ALL COMPANY IS LIABLE TO DEDUCT TDS
LASKHMANAN
(CA in Practice)
(29 Points)
Replied 06 December 2012
ALL COMPANIES ARE LIABLE TO DEDEUCT TDS OTHERWISE PENALITY PROVISION WILL ATTRACT
Yogesh Bhandari
(CA FINAL Student)
(429 Points)
Replied 06 December 2012
Tax Audit limit benefit is available only for individual and HUF.
And, all the others (including companies) will required to deduct TDS irrespective of the fact of TAX Audit limit.
Pradeep Kumar
(CA article,B.COM,CS)
(303 Points)
Replied 06 December 2012
Bharat Chandra nanduru
(Auditor In-charge)
(32 Points)
Replied 06 December 2012
every company has to deduct TDS, there is no provision of applicability of the tax audit to the companies in regard to the tax audit
Shivaram Krishnan
(Partner)
(50 Points)
Replied 06 December 2012
Company then yes, no option, exception.
jyoti rani
(secnderabad)
(1852 Points)
Replied 06 December 2012
All companies have to deduct TDS whether Tax audit audit is applicableor not it doesnt matter
Rajesh kumar
(ca Final)
(49 Points)
Replied 06 December 2012
Every company Whether its a public or private company can liable to deduct tax even if the company does not fall in tax audit.
deepali agarwal
(Company Secretary)
(1289 Points)
Replied 06 December 2012
All companies are liable to deduct TDs..Tax audit does not matters...
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India