TDS Applicability

LALIT M.CHOPRA (ARTICLE) (29 Points)

13 March 2017  
one of my assessee having turnover of 95 Lac in financial year 2015-16 and has got book of account audited. In the financial year 2016-17 turnover is 1.5 Cr whether assessee has to deduct tds for interest payments in financial year 2016-17 ?