Receipt under section 194j

190 views 6 replies

receipt receive under section 194j is business income or professional income

Replies (6)
professional income
Assessee is not professional degree. It's run pathology center with guidance of some professional person. I think it is business income. I am right approach or not
dear anil hi but you said receipt recd. under section 194 j who belong from professional income and liable to deduct tds @ 10% if amount increased by 30k p.a.

money received fro rendering of professional service that exceeds 30k per transaction and aggregate above 100k in a year will have to deduct tds under section 194J


dear ashwin sir plzz check tds chart you talk about section 194c not 194 j.

TDS cut u/s 194J  is professional services rendered.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register