Hello all,
Please clarifiy me whether an "Individual" whose accounts are liable for tax audit u/s 44AB of the IT Act can TDS under section 194 I, 194 J etc. or applicable only for section 194C.
Kindly revert back me,
Thanks
5 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 01 July 2011
once audited for previous year, he is bound to deduct TDS/TCS on all transactions
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 01 July 2011
| Originally posted by : U S Sharma | ||
 |
once audited for previous year, he is bound to deduct TDS/TCS on all transactions |
 |
agreed
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