02 May 2009
Section 194C(1)(k)defines the cataegories of assessee who are liable to deduct TDS only if they are subjected to tax audit. BOI and AOP has been included in that list from 01.06.08, hence AOP is not liable to deuct TDS unless it is subject ot tax audit u/w 44AB. Trust has to deduct TDS in all the situations.
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