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
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tds deducation
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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