Is TDS TIN mandatory for Propritory Firm? What is the process for the same?
Mahesh Shaha (303 Points)
07 November 2017Is TDS TIN mandatory for Propritory Firm? What is the process for the same?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160337 Points)
Replied 07 November 2017
Yes, if the turnover exceeded the limit specified u/s. 44AB of IT act, in previous FY
Mahesh Shaha
(303 Points)
Replied 07 November 2017
Sir the firm is new and getting taxable services. In this case the proprior wish to deduct TDS. Is it legal? What is the limit?
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