Tds for companies

1. If the turnover/gross receipts does not exceed Rs.1 crore limit, then there is no need for tax audit u/s 44AB
2. Option of non-deduction of TDS (for assessees who r not liable to audit u/s 44AB) is available only in case of individuals/HUF. Thus, u need to deduct TDS on professional charges on exceeding the threshold limit.

Thanx for your reply.

Do we have to deduct TDS even though there is NIL turnover. 

Yes....as there is no such exemption given to companies...