Tds

TDS shall be deducted u/s 194J @ 10% as the sum > Rs. 30,000.

Note: An individual/HUF is exempted from deducting TDS u/s 194J, if tax audit was not applicable during the F.Y. immediately preceding the F.Y. in which income is paid/credited.

[Example: If tax audit was applicable to the assessee during F.Y. 15-16, assessee should deduct TDS during F.Y. 16-17 if the payment crosses the prescribed threshold, otherwise not.]