Tds

This query is : Resolved 

03 October 2013 MY CLIENT TOTAL TURNOVER ABOVE 4 CRORD
AND NOT TAN NO.
MY QUERY IS :
01 WHAT IS LIMIT TURNOVER FOR TAN
02 STAFF SALARY IS 700000 PER YEAR I CAN CUT TDS ?

03 October 2013 there is no limit for TAN

any person whose books of accounts have been audited during the year immediately preceding the previous year has to be deducted the TDS as per the limit of payment/credit under the chapter of TDS.

03 October 2013 In simple, in your case you have to deduct the TDS


03 October 2013 yes you have to deduct tds on above mentioned salary



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