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vidya shetty (senior accountant)     12 December 2009

TDS deduction for firm

Whether Partnership firm not covered under section 44AB (Tax Audit)  is required to deduct TDS



 2 Replies

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Practicing CA)     12 December 2009

Partnership firm is by default included for TDS. It has to compulsarily deduct tax at source. There is no criteria of 44AB for partnership firms. Even if the firm is not in purview of 44AB, it has to deduct tax at source on eligible payments

CA. Megha Topiwala

CA. Megha Topiwala (Job)     12 December 2009

yeh.... Agree with Mr. Amol Kabra...


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