A client has to pay a US law firm legal fees for rendering services in the USA. Will the TDS be at 40% plus cess ?
2 Replies
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 14 December 2021
Section 194J TDS on Professional or Technical Fees
| Nature of payment | Threshold limit | Rate of tax |
|---|---|---|
| Fees for professional services | Rs. 30,000 | 10% |
| Fees for technical services and payment to call centers | Rs. 30,000 | 2% (for FTS- 10% upto FY 19-20) |
| Remuneration or fees to Director (other than 192) | NIL | 10% |
| Royalty | Rs. 30,000 | 10% |
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