Sir,
If an Assessee is assessed u/s 44AB Tax audit in the A.Y.2011-2012. But in the next year onwards the Assessee was not audited u/s 44 AB. Assessee was a Non-Tax Audit Concern. Because of Turn over limit in the A.Y.2012-2013 & AY 2013-2014.
Now Wheather TDS applicable or not for the A.Y.2013-2014 ?
Reply Now
If tax audit was not applicable for F.Y. 2011-12 then there's no requriement of making TDS in the subsequent F.Y. So no TDS requried for A.Y. 2013-14.
No requirement of deducting TDS in subsequent year if the person is INDIVIDUAL or HUF and not liable for Audit in the financial year......like in the above case if the person is Ind or HUF and not liable for audit in A.Y 12-13 then no TDS liability for A.Y 13-14
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