Supply of ready study data is not a technical service. Payment of fees for use of a Standard facility provided is not a technical fee. Disclaimer:The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of ...
Deductors include: Employers Government departments Banks and other financial institutions Companies Other persons who make specified payments The types of payments on which TDS is required to be deducted include: Salaries Interest Rent Commissions Professional fees Fees for technical services Other payments...
194J Royalty, Director Remuneration, Professional or technical service fees, Non-compete fees Resident Rs. 30000 for each income in the FY (Not applicable to payment to the director). 10% 194LA Compensation on acquiring immovable property Resident Rs. 2,50,000 per FY 10% TDS Exemptions TDS ...
TDS Rate Chart for FY 2024-25 - TDS is applicable on various payments like contractor payments, salary, commission etc. Check out TDS rate chart for FY 2024-25 & AY 2025-26.
TDS on Technical Services 194J 2% TDS Rate on Technical services to be reduced to 2% from 10%. TDS on E-Commerce Transactions 1% (5% in case of no PAN given to E-commerce operator) Applicable to All E-Commerce Companies TDS Rate Chart For Assessment year 2020-21 and Assessment year ...
194JRoyalty, Director Remuneration, Professional or technical service fees, Non-compete feesResidentRs. 30000 for each income in the FY (Not applicable to payment to the director).10% 194LACompensation on acquiring immovable propertyResidentRs. 250000 per FY10% ...
Payment of fees for professional or technical services (Section 194J) Commission to Stockiest, distributors, buyers and sellers of Lottery tickets including remuneration or prize on such tickets (Section 194G) Income from Units purchased in foreign currency or long-term capital gain arising from the...
Basic Rate* 192 Salary As per Slab 194A Interest (other than on securities) 10% 194C Payment to contractors/sub-contractors 1% (Individual/HUF), 2% (Others) 194I Rent (Land/Building/Machinery) 2% / 10% 194J Professional/Technical Services ...
The details will appear with the breakup of rate With PAN and Without PAN as shown below:Create sub-section for TDS Nature of Payment Section 194JThe section 194J corresponding to Fees for Professional and Technical Services has been divided into 2 sub-sections, Fees for Technical Services (...
Fees for technical services including consulting fees Professional fees Director’s fees other than salary payments Non-compete fees Professional payments less than Rs. 30,000 are not liable to TDS, except the director’s fees, where no such limit is applicable. ...