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Tds

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(Querist)
06 August 2015 whether an AOP is required to deduct TDS on payments made to a contractor of Rs. 200,000/- during F.Y 2014-15 for repairing of college building run by the AOP, if the AOP was not under the tax audit during preceding financial year.
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
06 August 2015 AOP - If the turnover /gross receipt below tax audit limit , need not deduct TDS

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