Tds on sac code 998224

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SAC Code 998224 relates to accounting, auditing, and bookkeeping services. These are treated as professional services, so TDS under Section 194J is applicable at 10% if the payment exceeds the prescribed threshold limit.

deepak pandey

deepak pandey (Querist)
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14 September 2019 Dear all
Please guide me what % of tds deducted for sac code 998224 2% or 10%

Deepak Pandey
Mobile: 8859609984

Gokul Sharma

Gokul Sharma (Expert)
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14 September 2019 the code is related to services related to Accounting, auditing and bookkeeping services

comes under professional services

section 194J is applicable and you need to deduct @ 10 % if bill amount in a year is exceeds 30000 limit

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