In case of individual/HUF, whether TDS provisions are applicable in the first year of tax audit?
Ashish Kotecha (Partner) (93 Points)
10 September 2011In case of individual/HUF, whether TDS provisions are applicable in the first year of tax audit?
C.A. Swapnil Jangam
(Proprietor)
(55 Points)
Replied 09 November 2011
No, tds provisions will be applicable from next year of year in which tax audit is applicable. so no tds provisions are applicable in 1st yaer tax audit.
C.A. Swapnil Jangam
(Proprietor)
(55 Points)
Replied 09 November 2011
is it correct that , once tds provisions was apllicable then it will continue forever even tax audit is not apllicable for next year?
pls reply me.
ashish gupta
( student)
(1922 Points)
Replied 09 November 2011
there is no provision like that in the ACT
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