Hi
194 J is applicable if payment made more than Rs. 20000 towards professional Service & technical service.
But In case where Professional Fees & Technical fees paid in aggregate exceeding Rs. 20000, then TDS is applicable us 194 J or Not??
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TDS 194 J
Replies (4)
hi.
194j applicable if payments towards professional and technical consultancy charges exceeds 20000 in a f.y to single payee
Thanks Swamy..
In case we have paid Rs. 17000 as a professional Fees & Rs.9000 as technical Fees. Then???
TDS would be applicable as sum payable during the year exceeds Rs. 20000/- to a single person.
Hi Guys ...
While reading Manoram CA Final DT book I found that in CA Final DT paper Institute asked same type of question, where ICAI has considered each Professional Fees & Technical fees seperately. i.e. professional or Technical fees does not exceeds Rs. 20,000
TDS not attaracted.
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