194j limit of 30000
Ankush (Student) (1369 Points)
22 October 2019
Is the same inclusive of gst on bill?
5 Replies
Kapadia Pravin
(17259 Points)
Replied 22 October 2019
Yes threshold limit of 30000/- under 194J is inclusive of GST.
However TDS is deducted on bill amount before GST.
However TDS is deducted on bill amount before GST.
sabyasachi mukherjee
(27574 Points)
Replied 24 October 2019
SEC 194J
ankush this explains everything.
RATE OF DEDUCTION OF TAX: 10% W.E.F. june 2017
if the recipient is engaged in operation of call centre then 2%.
The recipient can make an application in Form 13. for lower tax deduction.
ankush this explains everything.
RATE OF DEDUCTION OF TAX: 10% W.E.F. june 2017
if the recipient is engaged in operation of call centre then 2%.
The recipient can make an application in Form 13. for lower tax deduction.
Kapadia Pravin
(17259 Points)
Replied 24 October 2019
| Originally posted by : sabyasachi mukherjee | ||
 |
SEC 194Jankush this explains everything.RATE OF DEDUCTION OF TAX: 10% W.E.F. june 2017if the recipient is engaged in operation of call centre then 2%.The recipient can make an application in Form 13. for lower tax deduction. |  |
Where is reply for query ?? 😇😇
Waste of time and energy
Hardik
(Professional)
(918 Points)
Replied 24 October 2019
People are earning 20 points by criticizing other's replies and 30 points liking their own replies...and calls himself a professional...
Should Improve their own behaviour before criticizing others...
Shameful!!
Should Improve their own behaviour before criticizing others...
Shameful!!
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 16 January 2021
Section 194J contains provisions related to deduction of TDS on professional Fee and Technical fees which requires deduction of TDS @ 10%. However, the Finance Act, 2020 reduced the rate of TDS from 10% to 2% for few payments under section 194J.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
