09 June 2013
RESPECTED SIR, ONE OF OUR CLIENT,AN INDIVIDUAL, HAS GOT AUDITED HIS ACCOUNTS AS HE HAS SHOWN PROFITS LOWER THAN REQUIRED U/S 44AD FOR AY 2013-14
MY QUERY IS AS THIS BEING FIRST YEAR, TDS PROVISIONS ARE NOT APPLICABLE FOR AY 2013-14
BUT WILL TDS PROVISIONS BE APPLICABLE FOR HIM FOR THE AY 2014-15 ?
CAclubindia
