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TDS ON IT SERVICS
hi, if we take any kind of service from the IT company which TDS section applicable on it.
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TDS on payments to IT companies is most commonly deducted under Section 194J (at 2%) for technical services, or Section 194C (at 1% or 2%) if the engagement is treated as a work contract. The classification depends on the specific agreement and nature of the services rendered.
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