soumya d prabhu (ernakulam) (73 Points)
30 December 2019
CA Raushan Kumar Ray
(Practicing)
(8 Points)
Replied 31 December 2019
You have made the query very clear. As you are saying the assess is liable for Tax audit and hence this section is not applies to them. Sec 194 M clearly says it's applies for those whose accounts are not audited and who is making payment above 50 lakes.
Please Note when the accounts are audited the TDS has to be deducted under Sec 194C or 194J.
Let's know if any doubt. Thank You.
soumya d prabhu
(ernakulam)
(73 Points)
Replied 31 December 2019
Aravind kumar singh
(student)
(29 Points)
Replied 05 January 2020
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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