Web28 mar 2024 · Last updated at March 16, 2024 by Teachoo. As per 194J. TDS is to be deducted on Professional Technical Royalty Services Normally at 10%. However, in case of payment to call center, TDS Rate is 2%. However, No TDS is to be deducted if annual amount is upto 30000 per annum. If Amount is 30001 then TDS is deducted. Section. http://vasai.icai.org/resources/Utilities/Rates_of_TDS/Rates_of_TDS.aspx
TDS Rates Chart for FY 2024-24 (AY 2024-25)
Web12 apr 2024 · Threshold Limit under Section 194J: TDS is required to be deducted if the amount of payment in a year exceeds Rs. 30,000/-. Rate of TDS: Non-Applicability of Section 194J: Section 194J shall not be applicable in following cases: Where the payment made by an individual or HUF is for personal purposes only. Web2 feb 2024 · Therefore to reduce litigation, it is proposed to reduce rate for TDS in section 194J in case of fees for technical services (other than professional services) to two per … distance from ohio to connecticut
सेक्शन 194J - व्यावसायिक किंवा तांत्रिक …
Web194O. 1% (5% in case of no PAN given to E-commerce operator) Applicable to All E-Commerce Companies. TDS on Technical Services. 194J. 2%. This will open up the litigation as clear guidelines are not given to identify and differentiate the technical services from professional services on which 10% TDS is applicable. Web26 apr 2024 · TDS on payment to resident contractors and professionals or by way of commission / brokerage (other than those who covered u/s 194C or 194J) by individual/HUF not liable for tax audit. Rs. 50 lacs: 5% : 3.75%: 194N: TDS on cash withdrawal from Bank, Post office etc. i) in excess of Rs. 1 crore: 2% : 2% : 194N: TDS on cash withdrawal from … 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 Feb 2024 Now on Technical Service TDS will be deducted at 10% On Remaining Services, TDS will be deducted at 2% Why TDS Rate Reduced-Analysis cpt code hrt hormone treatment