We did provision for Audit Fees in previous years like FY: 20-21 15000/-, Fy:21-22 16000/-, Fy:22-23 18000/-
which were not paid in subsequent years, now books audit fees payable account having balance Rs. 49000/-
should we deduct TDS U/S 94J against it or as per provisions it is not liable.
No, because the expenses of audit fees are not for 1 year & current f.y.
No,due to in a single year not more than threshold limits as prescribe by incometax
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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