Tag - Section 194J

TDS Limits for Professional Services Under Section 194J

TDS Limits for Professional Services Under Section 194J

The Income Tax Act imposes TDS on professional and technical services under Section 194J. Companies (except individuals and Hindu undivided families) are required to deduct tax when making payments for certain specific services to residents. The objective of Tax Deducted at Source (TDS) is to ensure that tax is collected at the time of...