Tds deduction by an a.o.p

Yes Only if the AOP is covered under the provisions of section 44AB Audit, in the concerned Financial year.

Under section 194A, 194H, 194-I and 194J, an individual or HUF has been

made liable to make T.D.S. only if his or its total sales, gross receipts or

turnover from the business or profession carried on by him during the

immediately preceding year exceed the monitory limit specified under

clause (a) or clause (b) of section 44AB for the financial year in which such

payment is made. It has to be noted that for F.Y. 2010 -11, the liability for

TDS has to be ascertained with respect to the limits of turnover/receipt

prescribed for F.Y. 2010-11 i.e. of Rs.60.00 Lakhs or Rs.15.00 Lakhs and

not the limits prescribed for F.Y. 2009-10 i.e. of Rs.40 Lakhs or Rs.10

Lakhs. So although, the turnover limit is to be looked into for F.Y. 2009-10

but it has to be judged with the limits prescribed u/s. 44AB for F.Y. 2010-

11. Accordingly, an individual having turnover of Rs.55 Lakh s during F.Y.

2009-10 would not be liable for making any T.D.S. , under the above

sections, during the F.Y. 2010-11.

Else no.

Provisions applicable to Individual HUF AOP BOI AJP all are similar.