TDS ON 194C IF TURNOVER LESS THAN 1 CR
This query is : Resolved
16 October 2019
Turnover is 96.00 Lac in A.Y. 2019-20 declared profit less than 8 % and audited books of account now onward A.Y. 2020-21 assessee liable to deduct TDS u/s 194C ?
16 October 2019
Not liable to deduct if the said auditee is an 'individual. Inference - explanation (l)(B) to 194C.
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