Hi,
I has a question reg TDS u/s 194J. The following page (https://www.charteredclub.com/section-194j/) says that :
TDS is liable to be deducted by all class of persons except Individuals and HUF. However, if such Individual/HUF is liable to get his tax audit conducted under Section 44AB for the previous financial year, this exception won’t be applicable and they would also be required to deduct TDS under Section 194J.
What does Individual mean here ? If a person is not a registered company and he / she is getting more than 30K, should TDS be deducted ?
CAclubindia
