What is meant by individual for tds deduction?

Santosh V. Thakur (Sr. Accountant) (187 Points)

24 September 2012  

suppose we receive bill of XYZ Works co. mentioned "Proprietor" on Bill.

TDS should be 1% as individual / 2% as company/firm

what is meant by individual for TDS Deduction.

 

Experts kindly suggest.