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If professional service is of 28000 and service tax is of 4060 (14.50%). total becomes 32060,is there any need to deduct tds in relation to section 194j ? if not, give income tax justification.
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According to section 194J under TDS it clearly says that a single payment or credit exceeds of Rs.30k or aggregate payment exceeds 30k during the same FY........then the deductor must be deduct the Tds @ 10% & in absence of PAN the TDS @ 20% should be deducted..............
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