dear experts,
what is the difference between 194c vs 194j under income tax
3 Replies
Sagar Mailapur
(172 Points)
Replied 28 February 2018
194c for contract and 194j for professional charges
sujin
(accounts executive)
(222 Points)
Replied 28 February 2018
that I know boss which service come under 194c and 194j
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 28 February 2018
194-C is applicable to contrats like work contract, online marketing, and tds rate is 1% if payment made to individual or proprietorship firm and 2% for other than individual.
On the other hand 194-J is applicable for professional income like CA, CS, Doctor, advocates, consultancy fees, etc and tds rate is 10% flat.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
