194J prof fees

This discussion clarifies the rules for deducting Tax Deducted at Source (TDS) on professional fees under Section 194J of the Income Tax Act. It explains that the annual limit for TDS applicability is £30,000, and TDS is calculated on the total professional fees paid, not on individual transaction amounts. The advice confirms that TDS is applicable on the full £50,000 in this scenario, assuming the fees are exclusive of GST.