TDS on salary

preeti,

turnover matters only in case on Individual & HUF Assessee, thenafter only TDS provisions will applicable.

As per finance Act, 2009. any person , whether has  any income from Business or not is liable to deduct tax on the payable amount. TDS is to be deducted only if the salary for the financial year is  in excess of the minimum exemption slab. There is no required the limit of 40 Lacs u/s 44Ab

as per my opinion tds has no link with turnover....

TDS deduction liability based on Turnover only applicable to individual assessees and if deductor is company assessee, they has to deduct TDS on payments according TDS provisions 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details