TDS Applicability

A Proprietory Concern was under Audit u/s 44AB in A.Y.2016-17(F.Y.2015-16) and was closed down in the same year. A new Proprietory concern is started in A.Y.2017-18(F.Y.2016-17)( a different Business altogether in a different sector) which is liable to Audit in this A.Y. itself(Turnover above 1Cr.).
Should TDS to be deducted from Payments made in the New Business from A.Y.2017-18,i.e., the First Year itself?

Thanks in Advance.