Professional Service/Fee charged by a contractor should attract TDS under 194C(2%) or 194J(10%)
This query is : Resolved
24 October 2017
If a professional service/fee is being charged by a contractor. Then what TDS should be levied in this scenario 194C(2%) or 194J(10%).
And please also explain if in this case the professional fee charged is the only item on Invoice and if it will be with other goods and services in the Invoice.
24 October 2017
if it is professional service, deduct u/s 194J
if it is a bundled service......give some concrete numerical example so that it can be answered.
if it is a bundled service......give some concrete numerical example so that it can be answered.
24 October 2017
194J TDS applicable in this case whether separate invoice is made or combined invoice is made. Refer the provisions of the section.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
