I am not liable to Audit U/s 44AB but I am deducting TDS of sub contractor
This query is : Resolved
30 January 2022
Dear Experts,
I am an electrical work contractor and my turnover is under 1 crore. But, I am deducting TDS on payment to subcontractor. It is my first year of work.
Now, I came to know that whose books are not liable to audit, they are not require to file TDS return.
What if I keep deducting TDS and fill return regularly ?
Please guide
I am an electrical work contractor and my turnover is under 1 crore. But, I am deducting TDS on payment to subcontractor. It is my first year of work.
Now, I came to know that whose books are not liable to audit, they are not require to file TDS return.
What if I keep deducting TDS and fill return regularly ?
Please guide
30 January 2022
No problem you can continue deduction and file return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Number of Nominees
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Are there any exceptions for residence in Nepal under FEMA/ITA
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- Adjustment at the beginning of the year
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
