Professional Service/Fee charged by a contractor should attract TDS under 194C(2%) or 194J(10%)
This query is : Resolved
Utkarsh Thakur
(Querist)
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.
Amol S Joglekar
(Expert)
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.
CA R SEETHARAMAN
(Expert)
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- TDS- 2026-27 Q1 Correction
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital Gains Tax on Inherited Mutual Fund
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
