Confusion regarding sec 194c & 194j
This query is : Resolved
08 September 2011
Hello,
My query is, will the services rendered by a bank appraiser be covererd under Sec 194C or 194J.
Thank u.
My query is, will the services rendered by a bank appraiser be covererd under Sec 194C or 194J.
Thank u.
08 September 2011
Read definition of professional u/s 194J. That will solve ur query. I think it will be covered u/s 194C
08 September 2011
Am not able to get it right..thats why i have posted the query at first place...Mam can u give me a more descriptive answer??
08 September 2011
Professional services" means services rendered by a person in the course of carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or advertising.........
Plz do read this
Plz do read this
08 September 2011
So..going by the definition of "Professional Service" I don't feel, service rendered by Bank appraiser will be covered under 194J...So it will be under 194C. Please confirm this.
08 September 2011
ya i do agree
Message likes :
1 times
08 September 2011
Professional Services: Areas covered
Legal Profession
Medical Profession
Engineering
Architect
Chartered Accountants
Technical Consultancy
Interior Decoration
Advertising
Authorised Representatives other than employee of the person represented. Authorised Representative does not mean a chartered accountant or an Advocate. However, payments to them are also subject to tax deduction.
Film artistes including actor, cameraman, director, music director, art director, dance director, editor, singer, lyricist, story writer, screenplay writer, dialogue writer, dress designer.
Company Secretary
Profession of Information Technology.
Technical Services: Areas Covered
Rendering of managerial services.
Rendering of technical services.
Rendering of consultancy services.
Therefore sec 194J not attracted.
Legal Profession
Medical Profession
Engineering
Architect
Chartered Accountants
Technical Consultancy
Interior Decoration
Advertising
Authorised Representatives other than employee of the person represented. Authorised Representative does not mean a chartered accountant or an Advocate. However, payments to them are also subject to tax deduction.
Film artistes including actor, cameraman, director, music director, art director, dance director, editor, singer, lyricist, story writer, screenplay writer, dialogue writer, dress designer.
Company Secretary
Profession of Information Technology.
Technical Services: Areas Covered
Rendering of managerial services.
Rendering of technical services.
Rendering of consultancy services.
Therefore sec 194J not attracted.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
