https://www.taxtmi.com/acts?id=9563 The amendment makes an individual or Hindu undivided family liable to deduct tax at source on rent where their total sales, gross receipts or turnover from business or profession in the immediately preceding financial year exceed the monetary limits prescribed for audit applicability, thereby linking withholding obligations on rent to prior-year turnover thresholds. en-us Tue, 21 Oct 2008 13:59:45 +0530 Tue, 21 Oct 2008 13:59:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9563 The amendment makes an individual or Hindu undivided family liable to deduct tax at source on rent where their total sales, gross receipts or turnover from business or profession in the immediately preceding financial year exceed the monetary limits prescribed for audit applicability, thereby linking withholding obligations on rent to prior-year turnover thresholds. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:59:45 +0530 https://www.taxtmi.com/acts?id=9563