Please Help: TDS PROVISION
Posted Date : 08-May-2012 , 03:46:59 pm | Posted By CA .Pankaj Wadhwani
can anyone tell me that if audit is done in previous year u/s 44AD(since assesse did not opted for 8% scheme and shown lower profit), then whether TDS provision are applicable in the current year.
Category : Income Tax | Answers : 2 | Comments : 1 | Hits : 264
Answers
Answer By: PRIYANKA
Yes, TDS provisions would be applicable in this case
Answer By: Rishabh Upadhyay
In my opinion also, YES, TDS provisions will apply to the assessee
Comments
saurabh goyal
10-May-2012 , 04:40:54 pmIn my openion there is no link between liability of audit of accounts and applicability of provision TDS. so if u are deducting TDS of any person u have to file tds return and pay the same before the due dates.