dear experts,
what is the difference between 194c vs 194j under income tax
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income tax
Replies (3)
194c for contract and 194j for professional charges
that I know boss which service come under 194c and 194j
194-C is applicable to contrats like work contract, online marketing, and tds rate is 1% if payment made to individual or proprietorship firm and 2% for other than individual.
On the other hand 194-J is applicable for professional income like CA, CS, Doctor, advocates, consultancy fees, etc and tds rate is 10% flat.
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