Tds 194j regarding

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744 Points Posted on 13 April 2023
tds 194 j is appilcable on 44ad opted scheme firm
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On 13 April 2023 at 18:01 Report
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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.

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SEO Sai Gr. Hosp.
212455 Points Posted on 13 April 2023

Yes, provided turn over exceeded 1 Cr. in preceding financial year.

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On 13 April 2023 at 20:08
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Profession Business
28246 Points Posted on 14 April 2023
Professional fees. Sec 44AD is not always attracted.
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On 14 April 2023 at 09:15
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19 Points Posted on 15 April 2023
No need to pay tds for person opted for 44 AD
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On 15 April 2023 at 00:39

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