is TDS 194j a double tax

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Accoding to Sec 194J TDS should be deducted on Gross amount. If Gross amount also includes some purchases like stamp paper or some registration fees,then Whether TDS should be deducted on Gross amount or only on Professional fees charged gy him?

CA. Kirti S. Ganatra (Service) (1461 Points)
Replied 01 April 2008

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Is TDS deductible on demat charges charged by DP

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No reference is available in Tax Laws.

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I am working under a Private sector,age 58 Yrs. Company deducted tax under TDS,16A,194J,Rule 13(1)(b),Section 203,IT act1961.Kindly advice me in which return form (new) will be use for my IT return.

arijit (CA final) (56 Points)
Replied 23 September 2008

J?A person who is given consultancy on account of professional tax,trade license etc. but does not possess any professional qualification(may be B.com) . Does he falls under scope of 194J?Should we deduct tax at source u/s 194J for such consultancy?(total billing is more than 20000.00 during a financial year)