TDS RELATED QUERY .

998315 OW MUCH TDS WILL DEDUCT ON IT  AND WHY . PLEASE HELP .

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Quick Summary
This discussion clarifies TDS deduction queries, specifically for residents of India. It explains that TDS is applicable for professional and technical services under Section 194J. The rates vary: 2% for call centre businesses, 10% for other professions, and 20% if PAN is not provided. It also notes that these rates are not applicable to payments made to foreign companies or non-residents.

 

As below TDS informations are applicable for Resident of India. Not applicable to outside of India. If you are making payments to foreign company or Non Resident. This TDS deduction will not applicable FTS - DTAA.

TDS used deducted for professional services or technical services. 

The rates of TDS deduction under TDS Section 194J is given below in the table:

CategoryRate

If Payee is engaged only in the business of the operation of the call centre2%

Payee involved in any other business operation or profession comes under the scope of194J10%

If PAN not furnished by the payee

20%

Ok in any case the rates of deduction are same

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