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Tds not to be deductible

This query is : Resolved 

02 February 2013 tds not deductible if tax audit not applicable for propriety and other

02 February 2013 Read Proviso after relevant Sectionof TDS:

[Provided that an individual or a Hindu undivided family, whose total sales, gross receipts or turnover from the business or profession carried on by him exceed the monetary limits specified under clause (a) or clause (b) of section 44AB during the financial year immediately preceding the financial year in which such interest is credited or paid, shall be liable to deduct income-tax under this section.]


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