Tds applicability

TDS 135 views 1 replies

Dear ALL

 

My client is a partnership firm

InF Y 2014-15, its ITR was filed u/s 44 AD

in F Y 2015-16, the turnover is Rs 3.50 Crore..

TDS applicable or not

 

Thanks

Replies (1)

TDS is applicable. 

Exemption to deducted TDS is only given to Individual and HUF not liable to audit


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