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What is the TO limit for TDS application for Proprietorship
Replies (2)
Dear Ashwin,
In case of Properitory Firms,TDS is applicable if Turnover in the preceeding year exceeds
Rs. 40 Lakhs in case of Business
Rs. 10 Lakhs in case of Profession
agree with Mr.Amir
In case of Properitory Firms, if T.O. in the preceeding year exceeds
Rs. 10 Lakhs in case of Profession
Rs. 40 Lakhs in case of Business
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