Tds help

TDS / TCS 1437 views 18 replies

tds deducted for individual only one situation when u r lible to book maintained for IT act other wise no tds liabilty for individual

hi,

my final attempt will be in 2013 november

suggest me when should i appear for coaching classes & where ?

please reply me .

if payer is liable to tax audit in last year then tds has to be done.

 

Kindly see the provision of Sec-194I

Person responsible to deduct TDS:

    All assessees(except individual and HUF who are not subject to tax audit u/s-44AB of the Act during the preceding financial year)

Hence a salaried person can not be audited u/s-44AB(TAX AUDIT)

So no need to deduct tax.


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