Private placement service
This query is : Resolved
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Rajkumar Gutti
(Querist)
04 May 2026
Our comp recruited one manager. For this purpose company taken service from private placement agency.
My question -
As per Income tax act 2025, is tds applicable, if yes, which section, and what rate.
My question -
As per Income tax act 2025, is tds applicable, if yes, which section, and what rate.
04 May 2026
Yes, TDS is applicable under Section 194J, generally @ 10% on recruitment/placement agency fees.
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Rajkumar Gutti
(Querist)
05 May 2026
But sir, I heard manpower supply 2% tds, as per budget 2026. I confused sir.
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