income tax

108 views 3 replies
dear experts,
what is the difference between 194c vs 194j under 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. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register