a proprietorship concern deducting TCS on scrap till 31.03.2014 and TDS on other payments ,since last 6 years.
Now in FY 2013-14 its turnover falls to 80 lakh and it is not in ambit of 44AB audit for FY 2013-14.
can it stop deducting TCS/TDS and stop filing TCS quraterly returns w.e.f 1.4.2014 as it is not seller under TCS provisions and TDS proviosn also not applicable to it.