Web10 Mar 2024 · The tax under section 194JB is required to be deducted at the time of payment or credit of income to the non-resident individual or foreign company. Section … Web18 Nov 2024 · 1. Introduction – Tax Deducted At Source: Tax is deducted at source under Section 194J in respect of following payments made to a resident person: a) Royalty. b) …
Section 194J - TDS on Fee for Professional or Technical Services
Web2 Nov 2024 · Any person making specified payments mentioned under the Income Tax Act are required to deduct TDS at the time of making such specified payment. But no TDS has … Web3 Aug 2024 · Here’s all you need to know about Section 194J of the Income Tax Act. To better collect taxes, the deduction of tax at source, also known as TDS, has proven to be a valuable tool. ... Such payments given to residents are governed by section 194J (194JA/194JB). Table of Contents. Types of payments subject to Section 194J. … smart education companies house
Section 194JB of the Income Tax Act: An Overview and Impact on …
WebIncome Tax Section 194 in Hindi (Dhara 194): आयकर अधिनियम धारा 194 अनुभाग पर विस्तृत जानकारी प्राप्त करें। आयकर अनुभाग के लिए एक विशेषज्ञ आयकर वकील से परामर्श करें Web30 Mar 2024 · Section 192 deals with the TDS on salary income. It mandates every employer to deduct TDS on salary payment, in case the salary of the employee exceeds the basic exemption limit. This section impacts most of the salaried people in India. In this guide, we will explain all the important provisions of TDS under section 192. WebTax has to be deducted in case the payment for the professional and technical services is greater than Rs 30,000 during the year. Please note, this Rs 30,000 maximum limit is applicable to each item or payment independently. For example, ABC company paid Rs 25,000/- as royalty and Rs 20,000/- as fees for technical services to Mr.PK. smart education art