Tds

This query is : Resolved 

23 June 2014 if an individual is providing job work to a company of Rs 3 lakhs but giving bills under different names of firms.....and auditor finds out that the person providing job work is same for every bill and company has not deducted tds....should auditor in report in audit report on non deduction of tax

23 June 2014 If the bills r provided by different firm names then there is no problem. But if any bill amount exceeds the TDS criteria then TDS will b applicable.

23 June 2014 There is no problem if bills are under different firm names as each firm is a seperate assessee for thr application of the TDS criteria.


24 June 2014 if you received the bill of diff-2 firm but if PAN of all firm are same then you have to deduct the TDS due to job worker are doing bill from the same PAN and identity only name are change.



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