A partnershilp LLP firm have TAN No. But it did not deduct any TDS of a HUF of Rs. 45000.00 u/s 194A. Is it compulsory for the firm to deduct TDS or what rules? Let me know.
ABHIJIT MANNA (ACCOUNTANT) (447 Points)
31 July 2018A partnershilp LLP firm have TAN No. But it did not deduct any TDS of a HUF of Rs. 45000.00 u/s 194A. Is it compulsory for the firm to deduct TDS or what rules? Let me know.
ABHIJIT MANNA
(ACCOUNTANT)
(447 Points)
Replied 01 August 2018
My question is a firm gave interest of Rs. 45000.00 in a year to a HUF but did not deduct TDS, So it is compulsory for the Firm to deduct TDS or what provision or any penalty or what?