Tds 194j regarding

This discussion clarifies the applicability of TDS under Section 194J for firms that have opted for the Section 44AD scheme. Generally, TDS 194J is applicable if the firm's turnover exceeded £1 crore in the preceding financial year, especially concerning professional fees. However, Section 44AD is not always attracted, and in certain cases, TDS may not be required for individuals who have opted for 44AD.