Sec 194I

Siddarth P (17 Points)

30 June 2017  
It appears from the provisions that even, an individual and HUF are required to deduct TDS @ 5%, they are not subject to Tax Audit u/s 44AB.

What happens to the erstwhile provisions of 194IB that prescribes to deduct tax @ 10% and 180000
limit treshold?