TDS U/s 194JB

Please explain U/s 194JB TDS On Technical Services @ 2%

Which Services are under technical services.

Replies (2)
Quick Summary
This discussion clarifies Tax Deducted at Source (TDS) under Section 194JB, specifically concerning technical services taxed at 2%. It differentiates these services from those covered under Section 194J, which applies to professional and technical services like legal, medical, or engineering consultancy at a 10% TDS rate. The core distinction lies in the requirement of specific technical or professional skills for services falling under 194J, whereas 194JB covers a broader range of technical services.

TDS on Technical and Professional services covered under section 194J and rate of TDS is 10%

when any service in the nature of managerial, technical or consultancy is rendered, it will be come under section 194J. In other words, to provide such services, a person should have specific technical/Professional Skill.so that the services are divided into two sections namely 194c and 194j

194c-normal, routine and maintenance contracts

194j-professional and technical- for ex.

  • legal,
  • medical,
  • engineering or
  • architectural profession or
  • the profession of accountancy or
  • technical consultancy or
  • interior decoration
  • consultancy services

 

Under which schedule one is supposed to enter income received under section 194JBin ITR3

Please guide

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