Transactions in USD

Marimuthu (Manager) (525 Points)

26 September 2022  
Experts,

1. We are going to avail the professional service from foreign country.

2. For that we are paying the advance amount (60℅ of the total transaction value) by converting USD into INR.

3. This amount will be getting credited into their branch account, which is located in Mumbai.

4. My Query :

a. Whether TDS under section 194C will attract for this transaction

or

b. 194J TDS on professional service will attract.

Pl clarify.