Hello Friends,
pls suggest me what i do when one assesse have different business and one business of assesse under tax audit so if payment made which subject to tds for the business of non tax audit business so what i do decduct tds or not???
vishal somani (CA Final Student) (36 Points)
12 July 2013Hello Friends,
pls suggest me what i do when one assesse have different business and one business of assesse under tax audit so if payment made which subject to tds for the business of non tax audit business so what i do decduct tds or not???
Bhavin Shah
(CA Job)
(38 Points)
Replied 12 July 2013
You have to deduct TDS from the transaction of the Auditable Business, not for the unauditable business!