Tds applicability

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 August 2011 A Firm in F.Y. 2009-10 is having Tax Audit. In F.Y. 2010-11, the same firm is not falling in Tax Audit perview as the limit is increased from Rs. 40 lacs to Rs. 60 lacs.

In F.Y. 2011-12 the same firm is paying salary of Rs. 5 lacs to one employee & also paying interest of Rs. 5 lacs to an individual.

Are the TDS provisions applicable to the firm ?

31 August 2011 Yes, All TDS provisions will be applicable to the Assessee.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries