Tag - TDS on Professional Services

Home » TDS on Professional Services
Section 194J - TDS on Professional or Technical Fees
31Dec

Section 194J – TDS on Professional or Technical Fees

Introduction: Section 194J of the Income Tax Act deals with the tax deduction at source (TDS) on certain professional or technical services. In this article, we will understand the detailed analysis of payments made to professionals such as lawyers, accountants, doctors, technical experts, and others.  Legal provisions:  (1) Any person, not being an individual or a Hindu...

By Articles, , , , 0 CommentsRead more...
TDS Limits for Professional Services Under Section 194J
21Oct

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...

By Business Services, , , , , , 0 CommentsRead more...