We are NBFC We are checking borrowers credit score with vendor CRIF high mark Service. My question is for borrowers credit score check will come under 194J technical service or professional service? Kindly provide the suggestion.
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Quick Summary
An NBFC is seeking clarification on the correct TDS (Tax Deducted at Source) classification for credit score checks performed by a vendor, specifically CRIF High Mark. The core question is whether this service falls under Section 194J as a technical service or as a professional service. Guidance is requested to ensure correct tax compliance.
My question concerns whether or not the check of a borrower's credit score falls under the 194J category of technical service or professional service play tic tac toe . Could you kindly offer the suggestion?
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