998315 OW MUCH TDS WILL DEDUCT ON IT AND WHY . PLEASE HELP .
2 Replies
Saravanan nagaraj
(463 Points)
Replied 02 February 2024
As below TDS informations are applicable for Resident of India. Not applicable to outside of India. If you are making payments to foreign company or Non Resident. This TDS deduction will not applicable FTS - DTAA.
TDS used deducted for professional services or technical services.
The rates of TDS deduction under TDS Section 194J is given below in the table:
CategoryRate
If Payee is engaged only in the business of the operation of the call centre2%
Payee involved in any other business operation or profession comes under the scope of194J10%
If PAN not furnished by the payee
20%
sabyasachi mukherjee
(27574 Points)
Replied 02 February 2024
Ok in any case the rates of deduction are same
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
