Difference between 194j and 94j????

10809 views 2 replies

Hi

Can anyone please tell me if there is any difference between section 194j and 94j or is it just nomenclature norms??

Thanks..

Replies (2)

194J is the section under which TDS on professional and technical fees is deducted.

At the time of making payment for TDS deducted the code to be filed in the code is 94J.

Dear Divya

These are the code alloted from Income Tax for particulars 
TDS

1.94c for Deducting TDS from Contract or Subcontract or 
Adviretisement

2.94J for Deducting TDS from Professional Fees or Consultancy 
charges or Technical Fees

3.94I for Deducting TDS from Landlord


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