tds if account audit due to applicable of section 44ad

Pawan Singhal (chartered accountant) (655 Points)

30 December 2010  

if any individual declared lowered income as specify in sec 44AD. AND HE HAS DONE ACCOUNT AUDITED CONSEQUENTLY U/S 44AB. IS HE LIABLE TO DEDUCT TDS IN NEXT F.Y . BECAUSE HIS ACCOUNT IS AUDITED IN LAST YEAR.