TDS DEDUCTION BY NON -AUDIT INDIVIDUAL
This query is : Open
13 June 2022
Dear Experts,
Please help me, We are carrying on a business as a sole Trader and we are not liable for tax audit as our gross sale is not exceeding the limit and paying specified payments on which TDS is applicable in income tax law . Now I want to ask we are liable to deduct tds or not.
Please reply early.
Please help me, We are carrying on a business as a sole Trader and we are not liable for tax audit as our gross sale is not exceeding the limit and paying specified payments on which TDS is applicable in income tax law . Now I want to ask we are liable to deduct tds or not.
Please reply early.
13 June 2022
No you are not liable except in case of rent payment above 50000 p.m.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
