WebTDS u/s 194C or 194J Hi, I need to know the tax applicability would be under 194C or 194J. thanks. This thread is locked. You can follow the question or vote as helpful, but you … Web194J is applicable when you give an amount to professional to prepare advertisement for you and 194C is applicable only when you make a contract with a person to publish your advertisement. Based on the above details I would suggest to deduct TDS u/s 194J for 1. And rest all in 194C.

Section 194J - TDS - Professional, Technical Fees

WebTDS u/s194Q: 0.1 percent on amounts exceeding Rs. 5* lakhs. TCS u/s 206C (1H): not applicable because the Seller's annual revenue is less than ten crores. The seller's … Web1 day ago · Dist. Intermediate Educational Office Vs Income Tax Officer (TDS) (ITAT Hyderabad) ITAT Hyderabad held that payment to contract teachers doesn’t qualify as ‘fee for professional services’ and accordingly TDS under section 194J of the Income Tax Act not deductible. Facts- The common question that arises in both these appeals is whether … newport mn map

Section 194J TDS on Professional or Technical Fees

WebDec 10, 2024 · TDS applicable is payment > 30,000; For professional service, technical service, royalty and non-compete fee, 30K limit applicable separately ... TDS u/s 194J for … WebDec 8, 2024 · Section 194I for TDS on rent will be applicable whether or not the payee owns any or all of the above. Section 194I of the Income Tax Act, 1961 is applicable to lease as well as sub-lease of any of the above assets. Very often the landlord or owner of any asset demands a security deposit at the time of renting the assets. WebJun 14, 2012 · (i) the software is acquired in a subsequent transfer and the transferor has transferred the software without any modification, (ii) tax has been deducted- (a) under section 194J on payment for any previous transfer of such software; or (b) under section 195 on payment for any previous transfer of such software from a non-resident, and newport mn news cousin