TDS Deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2011 Respected Experts,
Our is a proprietorship concern for F.Y. 2009-10 turnover was Rs.48 Lakhs, therfore I started deducting TDS from my contractors and professionals during the F.Y. 2010-11.
Now the turnover for 2010-11 is Rs.52 Lakhs and I am not under Tax Audit.
Should I stop deducting TDS from contractors and professionals and continue with TDS deductions from Salaries only during F.Y. 2011-12?

Nayan Das

Nayan Das (Expert)
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09 May 2011 NO, WHY CAN YOU STOP deducting TDS from contractors and professionals and continue with TDS deductions from Salaries only during F.Y. 2011-12.

Querist : Anonymous

Querist : Anonymous (Querist)

09 May 2011 Please give me what is as per Law

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