Experts,
1. We are going to avail the professional service from foreign country.
2. For that we are paying the advance amount (60℅ of the total transaction value) by converting USD into INR.
3. This amount will be getting credited into their branch account, which is located in Mumbai.
4. My Query :
a. Whether TDS under section 194C will attract for this transaction
or
b. 194J TDS on professional service will attract.
Pl clarify.
CAclubindia
