[1][194J. Fees for professional or technical services.

(1) Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any sum by way of

(a) fees for professional services, or

(b) fees for technical services, [2][or]

[3][(ba) any remuneration or fees or commission by whatever name called, other than those on which tax is deductible under Section 192, to a director of a company, or]

[4][(c) royalty, or

(d) any sum referred to in clause (va) of Section 28,]

shall, at the time of credit of such sum to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct an amount equal to [5][two per cent of such sum in case of fees for technical services (not being a professional services) or royalty where such royalty is in the nature of consideration for sale, distribution or exhibition of cinematographic films and ten per cent. of such sum in other cases,] as income-tax on income comprised therein :

Provided that no deduction shall be made under this section

(A) from any sums as aforesaid credited or paid before the 1st day of July, 1995; or

(B) where the amount of such sum or, as the case may be, the aggregate of the amounts of such sums credited or paid or likely to be credited or paid during the financial year by the aforesaid person to the account of, or to, the payee, does not exceed

(i) [6][thirty thousand rupees] in the case of fees for professional services referred to in clause (a), or

(ii) [7][thirty thousand rupees] in the case of fees for technical services referred to in clause (b) [8][, or]

[9][(iii) [10][thirty thousand rupees] in the case of royalty referred to in clause (c), or