23 January 2008
you have to go through the provisions of section 204 of IT Act for understanding who is the person resposible for paying who is liable to deduct tax at source
26 January 2008
if an individual whose total turnover is rs 40 lakhs and in prfession gross receipt is rs 10 lakhs are liable to audit u/s 44AB under income tax act. the tds provision is applicable to individual only if above condition is applicable
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