Tds for audit u/s 44ad

TDS 259 views 1 replies

in a sole proprietor firm, book profit comes to less then presumptive income i.e. less than 8%, so it have to get its books audited u/s 44AD, is he liable to deduct TDS for payments? are rules of TDS applied to him same as audit u/s 44AB?

Replies (1)

YES TAX AUDIT APPLICABLE IF THE PROFIT LESS THAN 8%

AS PER 44AB


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