Tax audit

This query is : Resolved 

27 August 2014 IF THERE IS NO TAX AUDIT AND FIRM IS RUNNING FROM LAST 5-6 YEARS THEN, WILL THERE BE ANY REQUIREMENT TO DEDUCT TDS ON ANY SEC 94C,94I,94A,94J.



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27 August 2014 Partnership Firm is liable to deduct TDS irrespective of Tax Audit and T/o during the year

27 August 2014 that audit requirement is only for ind and huf and not for firms if the threshold limit is crossed then tds is to be deducted


27 August 2014 means if tax audit is not liable then no liability to deduct tds.

27 August 2014 Yes. But this is applicable only fir Individual and HUF.

27 August 2014 if partnership firm then tds liability from the fist day of business. its not matter tax audit is compulsory or not.

but in prop. firm there is depend of sales .



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