TDS PROVISION
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....DS PROVISION<br> Query (Issue) Started By: - giri gattupalli Dated:- 2-10-2020 Last Reply Date:- 8-10-2020 Income Tax<br>Got 2 Replies<br>Income Tax<br>respected sir one of my claint (civilcontractor)....
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.... turnover or gross receipts during fy 2018-19 (ay 2019-20) is 1,20,00,000 (one crore twenty lakhs) and filed assessment under sec -44AD .and during fy 2019-20 (ay 2020-21) his gross receipts are 1,90,....
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....00,000 (one crore ninty ninty laks ) and i want to file assement under sec 44AB tax audit this year . my problem is he made payments to subcontractors amounting to rs 1,00,00,000 (one crore) during fy....
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.... 2019-20 .please discuss whether he is liable to collect TDS from subcontractors or not thanking you giri tax consultant Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: If he makes direct payments ....
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....to sub contractors, in my view 'yes'. Reply By RAMASWAMY Advocate: The Reply: In my view Deductiong of TDS depend on furnishing of PAN details by an individual.<br> Discussion Forum - Knowle....
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....dge Sharing ....
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