what is 94c,94J,and 94I form meant for ?
- 11 Answers
- 124434 Views
- CA, Chartered Accountant, RP, TTC, Vertex, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / r.rajesh
These are the code alloted from Income Tax for particulars
TDS
94c for Deducting TDS from Contract or Subcontract or
Adviretisement
94J for Deducting TDS from Professional Fees or Consultancy
charges or Technical Fees
94I for Deducting TDS from Landlord
| Is This Answer Correct ? | 360 Yes | 22 No |
Codes for deducting tds from :
1. Contractor and Subcontractor - 94C
2. Professional or Techincal - 94 J
3. Rent - 94I
| Is This Answer Correct ? | 269 Yes | 19 No |
Answer / syedrazvi
THESE ARE USE IN TAX DEDUCTED AT SOURCES
1. 94C (194C) IT WILL REPRESENT CONTRACT AND SUB CONTRACT
2. 94J (194J) THIS WILL REPRESENT PROFESSIONAL FEES EXAMPLE
IF WE PAY FEES TO AUDITOR AFTER DEDUCTING TDS. i.e; 194j
3. 94I THIS RENT
| Is This Answer Correct ? | 141 Yes | 15 No |
Answer / rishabh jain
94J for Deducting From Consultancy Charges or Technical Fees
| Is This Answer Correct ? | 103 Yes | 11 No |
Answer / rajni
These are the code alloted from Income Tax for particulars
TDS
1]94c for Deducting TDS from Contract or Subcontract or
Adviretisement
2]94J for Deducting TDS from Professional Fees or
Consultancy
charges or Technical Fees
3]94I for Deducting TDS from Landlord [Rent]
| Is This Answer Correct ? | 95 Yes | 10 No |
Answer / rajni bangera
94c (194c): tds from payments to contracters & sub-
contracters.
94j (194j): tds from professional, technical services &
royalty
94i (194i): tds from income by way of rent
| Is This Answer Correct ? | 53 Yes | 7 No |
Answer / vaibhav bhardwaj
94C:- IS COVERED CONTRACTOR AND SUB-CONTRACTOR FOR INDIVIDUAL TDS WILL DEDUCT 1 % AND FOR IN COMPANY CASE WILL BE DEDUCT 2%
94J: IS COVERED PROFESSIONAL FEES ETC IS 10%
94I:- COVERED RENT AND THE PERCENTAGE IS 2%
(NOTE:- PAN CARD IS NECESSARY OTHERWISE TAX WILL DEDUCT 20%)
| Is This Answer Correct ? | 30 Yes | 7 No |
Answer / hari
94c for the main contractor for 2% if exceed agreegate
income RS 50,000/- PA
94J for professional or technical services.10% for all payee
94I for Rental services.Ind/HUF 15% or any other person 20%
| Is This Answer Correct ? | 27 Yes | 10 No |
94c for the main contractor for 2% if exceed agreegate
income RS 50,000/- PA
94J for professional or technical services.10% for all payee
94I for Rental services.Ind/HUF 15% or any other person 20%
| Is This Answer Correct ? | 41 Yes | 25 No |
Expand ________FAQ
what is sunk cost
RULE IN GARNER VS MURRAY
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
what is cc limit and what role accountant play to maintain it?
diff. among all version in tally as; 4.5, 5.4, 6.1, 7.2, 8.0, 9.0, 9.2,
Example for extra ordinary expenditure?
what is a Depository Participant?
what is the difference between finacial account and other account?
What is chart of accounts
EXPAND___________NAA
what is stock? what is bond? who is portfolio manager? corporare action?
Audit 
