31 January 2013
An individual whose turnover is Rs. 20,00,000/- and paying salary to an employee of Rs. 3,50,000 p.a. can liable to deduct tax at source under section 192.
01 February 2013
sec 192 is applicable on every person. There is no exemption regarding Tax audit for individual. So if salary is taxable then you must follow 192 provisions
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