TDS deduction on job placement agency invoices.


This query is : Resolved 

Quick Summary
This discussion clarifies the applicable Tax Deducted at Source (TDS) rate for job placement agency invoices. The consensus is that TDS under Section 194J of the Act at a 2% rate applies to manpower or job placement services. These services are considered managerial and technical in nature.

(Querist)
31 July 2022 Dear Sir/Madam,
TDS u/s 194J 2% or 10% applicable on job placement agency invoices.
Thanking you !
Krishna

01 August 2022 For manpower or job placement it should be under 2% u/s. 194Ja of the act.

Krishna (Querist)
01 August 2022 Sir, thank you so much for your reply ! is it technical services or professional services ?

01 August 2022 Its managerial/technical service.


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