Please explain U/s 194JB TDS On Technical Services @ 2%
Which Services are under technical services.
TDS U/s 194JB
PRASAD BARKASE (1 Points)
27 August 2021PRASAD BARKASE (1 Points)
27 August 2021Please explain U/s 194JB TDS On Technical Services @ 2%
Which Services are under technical services.
Baskar
(CMA)
(93 Points)
Replied 27 August 2021
TDS on Technical and Professional services covered under section 194J and rate of TDS is 10%
when any service in the nature of managerial, technical or consultancy is rendered, it will be come under section 194J. In other words, to provide such services, a person should have specific technical/Professional Skill.so that the services are divided into two sections namely 194c and 194j
194c-normal, routine and maintenance contracts
194j-professional and technical- for ex.
Suresh Kumar m
(2 Points)
Replied 27 August 2021
Under which schedule one is supposed to enter income received under section 194JBin ITR3
Please guide
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961