44AB

This query is : Resolved 

15 October 2010 Sir/Madam

My client, he is an individual and had 44AB Audit in FY 2009-10 and in current year his turnover falls below limit .pl. clarify me whether he should deduct TDS from payments ?

15 October 2010 yes
if turnover in previous year exceeds the tax audit limit then he need to deduct TDS for current year



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