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TDS on profession like level drawing

Rakhi Mk (11 Points)

08 January 2021

what is the rate of TDS that should be deducted from profession like level drawing ?

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CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 08 January 2021

194J tds rate is 10% now if you maintain certain conditions then the rate will be reduced to 7.5% from 14.5.2020 to 31.3.2021 otherwise normal rate is 10%

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Krishna Chaudhary (Accountant) (4531 Points)
Replied 08 January 2021

According to the rules and regulations of Section 194J of the Income Tax Act, 1961, a person must deduct their Tax Deducted at Source (TDS) only at the rate of 10% when certain payments are made to a certain resident.