Tds for audit u/s 44ad

RAKSHIT MEHTA (tax consultant) (114 Points)

26 March 2017  

in a sole proprietor firm, book profit comes to less then presumptive income i.e. less than 8%, so it have to get its books audited u/s 44AD, is he liable to deduct TDS for payments? are rules of TDS applied to him same as audit u/s 44AB?