Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

TDS and Presumptive Taxation on Fumigation Service

2625 views

Save Share

Join Us Follow Us Add as Source

Mitul Mirani

Employed in CA Firm

50 Points Posted on 26 July 2020

I have 2 doubts on Fumigation Service (HSN 998531)

Under which section deductor should deduct TDS - 194J or 194C?
If I file Income Tax return under presumptive basis, which section is appropriate - 44ADA (50%) or 44AD (8%)?

Thanks.

Replies (2)

Quick Summary

This discussion clarifies the appropriate sections for TDS deduction and presumptive taxation on fumigation services (HSN 998531). It confirms that TDS should be deducted under Section 194C, with the rate determined by this section. For filing income tax returns on a presumptive basis, Section 44AD (with an 8% profit rate) is recommended over Section 44ADA.