Tds liability

Nirmit Choraria (CA Final) (1333 Points)

14 June 2012  

Can  anyone with proper refrence clarify the liabilty of TDS. ie when a person is liable to dedcute TDS and deposite with govt 

1. First year of audit..........not liabilty

2. in the First quater of business the turnower exceed 1 crore..yes or not

 

Please support you answers with refrence urgent help required..