Related tds

This query is : Resolved

Piyush Sabhaya (Querist)
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18 January 2014 If any individual is Audited his books of accounts u/s 44AD i.e. turnover is less than Rs. 1 Crore for A.Y. 2013-14 then he is liable to Deduct TDS in A.Y. 2014-15.....

@VaibhavJ

@VaibhavJ (Expert)
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18 January 2014 Hi

TDS not deductible by Individual & HUF if Turnover not exceeded Tax Audit Limit in preceding Financial year.

Thanks

@VaibhavJ

@VaibhavJ (Expert)
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18 January 2014 you may also refer this article: http://taxguru.in/income-tax-case-laws/tds-deductible-individual-huf-turnover-exceeded-tax-audit-limit-preceding-financial-year.html

Thanks

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Piyush Sabhaya

Piyush Sabhaya (Querist)
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21 January 2014 Thank you very much sir.......

@VaibhavJ

@VaibhavJ (Expert)
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21 January 2014 Thx for Acknowledgement.