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TDS 194J RATE

TDS 781 views 4 replies

I want to know whether TDS is deductible on Testing Charges paid to Consultancy on material sent to his Laboratory for testing. In my view TDS should be deducted under 194J but confused. At What rate I want to deduct the TDS 2% or 10%. and The above charges is technical or professional. Please Explain.

Replies (4)
Go for 10% on a conservative basis.
Technical services to be charge 10% for 194j
10% Section 194J requires deduction of tax at source @ 10% from the amount credited or paid by way of fees for professional services, where such amount or aggregate of such amounts credited or paid to a person exceeds Rs. ... Section 194J TDS on Professional or Technical Fees. Nature of payment Threshold limit Rate of tax Royalty Rs. 30,000 10% Non-compete fees Rs. 30,000 10%
10% 194JB professional services charges


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