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Can t.d.s prov is applicable

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(Querist)
10 August 2012 dear sir,
my client has newly started his proprietorship business as on 01-04-2011 and for f.y year 11-12 is in audit .my query is that can t.d.s provision is applicable to him or not.
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Arun

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Arun (Expert)
10 August 2012 TDS will be applicable if the the limits governed in section 192 to 194LA is crossed.
IF the Payer is Individual or HUF not subject to tax audit under section 44AB in the immediately preceeding financial year than certain TDS sections will not be applicable on them.
And in case of first year of business those sections will not be applicable
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srinath

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srinath (Expert)
10 August 2012 If the individual does not have tax audit in the preceeding year then certain TDS provisions like 194C, 194J are not applicable.

In the current case, since it is first year certain TDS provisions are not applicable
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