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Tds deduction on interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 February 2016 Hello sir
If individual taken mortgage loan for businees , then it is require to deduct tax even if individual is not in audit i.e non audit case

Because
In scrutiny officer is demanding form 26A for above individual case as i not deducted tds

What to do in this case
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 February 2016 no. if the turnover is below the audit limit, then no tax is required to be deducted.
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Rups....

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Rups.... (Querist)
16 February 2016 thank you so much
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