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TDS on COO certificate issue

Ganapat (Accountant ) (27 Points)

27 May 2025

Can we deducte TDS on COO certificate issue charges. If Yes then what is the TDS rate and under which section to be deduct

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Rama chary Rachakonda (Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294) (8223 Points)
Replied 27 May 2025

To determine whether TDS (Tax Deducted at Source) is applicable on COO (Certificate of Origin) issue charges, let's break it down:

Applicability of TDS - *TDS Applicability*: TDS is applicable on payments made for services rendered, including fees charged for issuing certificates like COO.

Section and Rate - *Section 194J*: TDS on professional fees, including fees for technical services, is covered under Section 194J of the Income Tax Act. -

*TDS Rate*: The TDS rate for Section 194J is typically 10% (plus applicable surcharge and cess) for payments exceeding the threshold limit. Threshold Limit -

*Threshold Limit*: TDS is deductible only if the payment exceeds ₹30,000 in a financial year.

Conclusion If the COO certificate issue charges exceed the threshold limit, TDS would be deductible under Section 194J at the applicable rate.

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Rama chary Rachakonda (Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294) (8223 Points)
Replied 27 May 2025

To determine whether TDS (Tax Deducted at Source) is applicable on COO (Certificate of Origin) issue charges, let's break it down:

Applicability of TDS - *TDS Applicability*: TDS is applicable on payments made for services rendered, including fees charged for issuing certificates like COO.

Section and Rate - *Section 194J*: TDS on professional fees, including fees for technical services, is covered under Section 194J of the Income Tax Act. -

*TDS Rate*: The TDS rate for Section 194J is typically 10% (plus applicable surcharge and cess) for payments exceeding the threshold limit. Threshold Limit -

*Threshold Limit*: TDS is deductible only if the payment exceeds ₹30,000 in a financial year.

Conclusion If the COO certificate issue charges exceed the threshold limit, TDS would be deductible under Section 194J at the applicable rate.

Rama chary Rachakonda (Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294) (8223 Points)
Replied 27 May 2025

To determine whether TDS (Tax Deducted at Source) is applicable on COO (Certificate of Origin) issue charges, let's break it down:

Applicability of TDS - *TDS Applicability*: TDS is applicable on payments made for services rendered, including fees charged for issuing certificates like COO.

Section and Rate - *Section 194J*: TDS on professional fees, including fees for technical services, is covered under Section 194J of the Income Tax Act. -

*TDS Rate*: The TDS rate for Section 194J is typically 10% (plus applicable surcharge and cess) for payments exceeding the threshold limit. Threshold Limit -

*Threshold Limit*: TDS is deductible only if the payment exceeds ₹30,000 in a financial year.

Conclusion If the COO certificate issue charges exceed the threshold limit, TDS would be deductible under Section 194J at the applicable rate.

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