TDS on profession like level drawing

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11 Points Posted on 08 January 2021
what is the rate of TDS that should be deducted from profession like level drawing ?
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On 08 January 2021 at 10:57 Report
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This discussion clarifies the Tax Deducted at Source (TDS) rate applicable to professional services such as level drawing. It highlights that Section 194J of the Income Tax Act, 1961, generally mandates a 10% TDS deduction on such payments to residents. The text also mentions a temporary reduction to 7.5% between May 14, 2020, and March 31, 2021, under specific conditions.

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Chartered Accountant
24588 Points Posted on 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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On 08 January 2021 at 11:04
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Accountant
4533 Points Posted on 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.
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On 08 January 2021 at 23:41

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