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Section 94j tds

Web28 Jan 2009 · If a retired Conl. running a security and detective agency and makes two bills. one for securit gaurds charges under contract with client and another against detective services. Are TDS will be deducted on both bills under section 194C or. 1. u/s 194C on bill of security gaurds charges. 2. u/s 194J on bill of detective work done. Web27 Apr 2024 · The Indian tax regulations codified under the Income Tax Act, 1961 (“the Act”) contains comprehensive provisions dealing with TDS around applicability, rates of tax, compliances and consequences...

Step-By-Step Guide On How To File TDS Return - Forbes

Web5 May 2024 · In the backdrop of the provisions of section 195, any person making any payment to a non-resident is required to obtain TAN and deduct tax at the applicable rates. The payer must deposit the tax deducted with the government against the PAN of the payee within the applicable due dates. Further, the payer would also need to furnish the TDS … Web5 May 2024 · The payer must deposit the tax deducted with the government against the PAN of the payee within the applicable due dates. Further, the payer would also need to furnish … duyck machine forest grove https://primalfightgear.net

94C and 94J [Resolved] Income Tax - CAclubindia

Web28 Apr 2024 · Section 194J provides for deduction of Income Tax at source (TDS) in respect of payments made to any resident any sum by way of the following at the specified rates. … Web22 Jan 2024 · TDS Under Section 194J (a) & 194J (b) The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two sections, … Web28 Mar 2024 · Currently TDS is deducted under Section 194J At 10% on following payments Professional Technical Royalty Non Compete Fees As per Recent budget announced on 1 … duyck farms hillsboro oregon

Section 194J TDS on Fees for Professional or Technical …

Category:Threshold Limit for TDS Under Income Tax Act - Tax2win

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Section 94j tds

TDS Under Section 194J(a) & 194J(b) – TDSMAN Blog

Web13 Mar 2024 · Amendments To Section 194J. Section 194J of the TDS has been amended as part of the Finance Bill 2024. These include: In the case of fees for technical services (which are not considered professional services), tax will be deducted at the rate of 2%. In all other cases, the rate will be up to 10%. An individual or HUF whose revenue, gross ... Web21 Jan 2024 · TDS under section 194J is to be deducted when the amount of fees (or aggregate of amounts of fees) credited or paid or likely to be credited or paid during the financial year exceed Rs.30000. Point to be noted is that the limit of Rs.30000 is applicable separately for the all mentioned services.

Section 94j tds

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WebAnswer / rajni. These are the code alloted from Income Tax for particulars. TDS. 1]94c for Deducting TDS from Contract or Subcontract or. Adviretisement. 2]94J for Deducting TDS from Professional Fees or. Consultancy. charges or Technical Fees. 3]94I for Deducting TDS from Landlord [Rent] Web4 Apr 2024 · Section 194J TDS on Fees for Professional or Technical Services. The present article features the TDS provisions contained under section 194J of the Income Tax Act, …

Web21 Jan 2024 · Section 194J (194JA/194JB) of Income Tax Act provides the TDS related to professional or technical services. And while making payment for such services, you have … Web4 Aug 2024 · Tds on 94J Technical Fees. We have received a notice for short deduction of 94J Technical Fees for 10% and 7.5%, whereas w.e.f. from 01-04-2024 94J Technical fees is 2% and w.e.f. 14-05-2024 is 1.5%. We have deducted Tds for 94J Technical services at 2% and 1.5% and paid the amount. Now the dept has sent the notice stating that it is for 94J ...

Web18 Mar 2024 · TDS Section 194J of the Income Tax Act 1961 includes provisions regarding the TDS deduction of fees for technical as well as professional services. We prepared … Web15 Apr 2024 · Section 194J requires TDS to be deducted if the payment for professional or technical services covered by this section surpasses Rs.30,000 per year. Will payments …

Web13 Jul 2024 · TDS under section 192 shall be deducted by the person responsible for making payment of “Salaries” i.e. employer. Section 192 is applicable only in respect of the income which is chargeable under the head of “Salaries”. The existence of employer-employee relationship is a vital test for taxing any income under the head “Salaries”.

Webthe second proviso to section 194 or in view of the notification issued under clause (e) of the second proviso to section 194; (xv) furnish particular of amount paid or credited on which … duyck\u0027s peachy pig farmduyen cleaningWeb6 Jul 2024 · Section 194J TDS on Professional or Technical Fees: 194K: Section 194K TDS on Income In Respect of Units of Mutual Fund: 194-LA: Section 194LA TDS on Payments … duyen cleaning services pte ltd