Professional Service/Fee charged by a contractor should attract TDS under 194C(2%) or 194J(10%)
This query is : Resolved
24 October 2017
If a professional service/fee is being charged by a contractor. Then what TDS should be levied in this scenario 194C(2%) or 194J(10%).
And please also explain if in this case the professional fee charged is the only item on Invoice and if it will be with other goods and services in the Invoice.
24 October 2017
if it is professional service, deduct u/s 194J
if it is a bundled service......give some concrete numerical example so that it can be answered.
if it is a bundled service......give some concrete numerical example so that it can be answered.
24 October 2017
194J TDS applicable in this case whether separate invoice is made or combined invoice is made. Refer the provisions of the section.
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
- Transferring CA articleship from old to new scheme of education and training
- GST Refund SB005 Error
- Notice u/s.148- Asstt.Year 2015-2016
- Invoice Numbers WROGLY ENTERED
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
