21 January 2019
I have not deducted any TDS on interest paid as the deductee's income is below basic exemption limit but I have not submitted Form 15G. What can I do ?
22 January 2019
If the Deductor i.e you are a 44AB Assessee Then TDS to be deducted on the Payments. Having less data we could not conclude anything. For a clear clarifications consult your (or nearby) CA being non deduction of TDS will play a big role on IT assessment.
22 January 2019
The Assessee is liable for audit under section 44AB and the TDS has not been deducted.So is there any relief available as per any case laws or circular ?
CAclubindia
