Does an individual (with revenue / incom less than 25 Lakhs) need to deduct TDS for a service contract done with Pvt. Ltd. Company if the contrct is above 1 lakh.?
1 Replies
CA Bijay Shrestha
(Never Give up....No matter what....)
(858 Points)
Replied 07 January 2016
no need to deduct tds if he wasn't liable to tax audit in previous year
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