What are the entities exempt from dedution of TDS u/s 194J.
What are the entities exempt from dedution of TDS u/s 194J.
A proprietery concern & an HUF provided that they are not liable for tax audit u/s 44AB of the I-T Act. Also if teh payment does not exceeds Rs 30k during the year then no TDS is required to be made by corporates & p'ship firms.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
