TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>ICDS Influences TDS Applicability by Affecting Gross Receipts Calculation u/ss 44AD and 44AB of the Income Tax Act.</h1> ICDS indirectly affects the applicability of TDS by influencing the determination of gross receipts or turnover under sections 44AD and 44AB of the Income Tax Act. For individuals and Hindu Undivided Families (HUFs), TDS provisions are triggered only if the gross receipts or turnover in the preceding financial year exceed the limits specified in section 44AB. Although ICDS is primarily intended for income computation, it indirectly impacts the applicability of TDS provisions by affecting the calculation of gross receipts or turnover, which determines whether TDS provisions apply to an individual or HUF.
TaxTMI 
TaxTMI 