TDS deducted or not
Mansi Mhapsekar (158 Points)
27 April 2018
proprietorship business , TAN No. do not have, he is liable to deduct TDS of any contractor or professional service
3 Replies
CA Devanand Jethanandani
(CA)
(8003 Points)
Replied 27 April 2018
An Individual and HUF are liable to deduct tax only if they are under Tax Audit.
Hence if he is liable to get his accounts audited under Tax Audit then only he is liable to deduct tax.
CA K.Srividhya
(Chartered Accountant)
(279 Points)
Replied 27 April 2018
No need to deduct TDS for proprietorship
Regards
Regards
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