Tax audit -reg

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suresh kumar (Querist)
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13 November 2013 Dear All,

Is it TDS compliance's is applicable for below tax audit private limited companies.

For eg : company turn over is Rs.42 lakhs during 12-13. Rent paid during the year 2.20 lakhs for this tds is applicable or not.

CA Parul Saxena

CA Parul Saxena (Expert)
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13 November 2013 tds rules are applicable on companies irrespective of the fact whether tax audit is applicable or not.
Criteria of tax audit for applicabillity of tds to be considered only in case of individual.

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suresh kumar

suresh kumar (Querist)
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13 November 2013 thanks sir.

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