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??
Menu
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.
Recent Topics :
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
Related Topics :
CAclubindia
