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TDS deduction limit for firm

Others 224 views 3 replies
which firm are liable to deduct TDS from creditors payment
Replies (3)

Once the services are computed for TDS deductions, no more TDS liability arises over payments.

All partnership firms and proprietorship firms having tax audit liabilities in preceeing year;  (exemptions as under particular TDS sactions) .

tax audit liability threshhold for propreitor/partnership firms ?  turn over based (above 1 crore)?


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