16 May 2016
A proprietor concern having turnover of around Rs. 61.00 Lacs in F.Y. 2015-16 with NP below 8%. Should it gets his accounts audited & deduct TDS u/s 94A, 92B, 94C, 94-J etc. or applicable only on 92B. Please clear the same.
16 May 2016
tds u/s 192 is applicable on all the assessee, its turnover is no matter. but other section audit should be u/s 44AB, your turnover is less than 100 lacs so tds under another section not applicable.
CAclubindia
