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What is the TDS ratio applicable on professional fees?
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Answer / rajesh
as per IT 194J professional fee or technical Fees or
Consultancy Fees.TDS is 10% SC-10% Cess-3%. and the amount
exceeds Rs.20,000/-.
| Is This Answer Correct ? | 31 Yes | 6 No |
Answer / prasad
AS per the income tax act sec 194 J proffessiona fees
and technical servises TDS is 10%,and the amount execeeds
20000 p.a
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / shravenkumar
As per section 94J since October 2009 onwards
If value of One invoice exceed Rs. 20,000/- 10 %
Or
Value of all invoice during year exceeds Rs. 50,000/- 10%
No surcharge and education cess since october 2009 onwards
| Is This Answer Correct ? | 3 Yes | 1 No |
state the circumstance under which an agreement is viod abinitio.
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