RESPECTED SIR,
I have a doubt about tds applicability section.. turnover is 1 cr. 25 lakh in FY 2017-18 but return file under section 44 AD. salary paid to employee is 5 lakh rs, soo tds on salary related provison are applicable or not?
and please clear below mention provision
refer provisions of TDS, [Provided that an individual or a Hindu undivided family, whose total sales, gross receipts or turnover from the business or profession carried on by him exceed the monetary limits specified under clause (a) or clause (b) of section 44AB during the financial year immediately preceding the financial year in which such interest is credited or paid, shall be liable to deduct income-tax under this section.]
Thanks and Regared