Private placement service

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Company paid a private placement agency for hiring. TDS applies on such services, generally under Section 194J at 10 percent. Confusion arises with 2 percent under manpower supply, but recruitment services are treated as professional services.

Rajkumar Gutti

Rajkumar Gutti (Querist)
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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.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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04 May 2026 Yes, TDS is applicable under Section 194J, generally @ 10% on recruitment/placement agency fees.

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Rajkumar Gutti

Rajkumar Gutti (Querist)
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05 May 2026 But sir, I heard manpower supply 2% tds, as per budget 2026. I confused sir.

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