tds deducation

465 views 1 replies

30.03.2010

Dear Members,

 

I have started a business for which i am the sole proprietor .

DO i need to deduct tax for the payment which i make to my contractors , other agencies .

for that should i get TIN number .

please help

 

Replies (1)

No.

Applicable for those who is liable for tax audits u/s 44AB. And even in the very first year of audit, deduction is not applicable.

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