We are startup and this is our first year as LLP. We are not liable for tax audit as our turnover is less than 40 lacs.
We work from a coworking space where we have 4 desks and we pay an amount of 14,000 per month. The amount is billed with following descripttion "Towards Infrastructure services for the month of XXXX". The coworking space is provided by an OPC and they charge GST on the amount at 18%. Making total as Rs. 16520.
Do we need to deduct TDS and if you under what section?
CAclubindia
