Sec194J
This query is : Resolved
rgurucharan
(Querist)
27 February 2009
Dear sir,
Payment made towards lawyers fees whether TDS is applicable under sec 194J . Please clarify in case what is the limit of exemption.
Please provide me the latest TDS rates chart applicable for the AY 2008-09.
with regards,
R. Gurucharan.
Payment made towards lawyers fees whether TDS is applicable under sec 194J . Please clarify in case what is the limit of exemption.
Please provide me the latest TDS rates chart applicable for the AY 2008-09.
with regards,
R. Gurucharan.
VINAYAK D PRABHU
(Expert)
27 February 2009
Hi,
Under Explanation (ii) to Section 194 J, the term 'Professional services' is defined.It includes Legal Profession also.Hence, lawyer fees are liable to Tax deduction at Source in excess of payemnts Rs.20,000/- either credited or paid to the Lawyer, in a single year.
Under Explanation (ii) to Section 194 J, the term 'Professional services' is defined.It includes Legal Profession also.Hence, lawyer fees are liable to Tax deduction at Source in excess of payemnts Rs.20,000/- either credited or paid to the Lawyer, in a single year.
27 February 2009
Continuing Mr.Vinayak,Tax deduction is to be made at the time of credit or payment whichever is earlier.
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
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- 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
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST input credit on commercial property
- ETDS return q4 25-26
- Gift to nri relatives residing in usa
- Intimation under section 245
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- 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
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
