what is 94c,94J,and 94I form meant for ?

Answers were Sorted based on User's Feedback



what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

Answer / anamika nigam

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

what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

Answer / rishabh jain

94J for Deducting From Consultancy Charges or Technical Fees

Is This Answer Correct ?    103 Yes 11 No

what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

Answer / kps

I agree with R.Rajesh & Anamika Nigam's answar.

Is This Answer Correct ?    39 Yes 9 No

what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

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

what is 94c,94J,and 94I form meant for ?..

Answer / jiten koli

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

Post New Answer

More Accounting AllOther Interview Questions

---------is the main or principle book of accounts

0 Answers  


What is the professional firm you think?

1 Answers  


how did you know about capitaliq? what is the meaning of iq.

9 Answers   Capital IQ, Genpact, IQ, Neptune,


what is the journal entry for credit sale and credit purchase?

24 Answers   Accenture, Cap Gemini, Consero Global, Fauji Fertilizer, Genpact, HP, IBM, Insurance, OPG, Vibro, Xerox,


types of mutual funds?

5 Answers  






What are Entry in Tally of payment from Creadit card of Petrol and Diesel ?

5 Answers   Indian Driving School,


what is the meaning of interim period?

2 Answers  


Please do tell me about the questions which are asked at BACS FINAL ROUND.

0 Answers   BA Continnum Solutions, Bank Of America,


What is the difference between consumption and production

1 Answers   Telco,


Can u please give me example of bonds? is National savings certificate a Bond?

0 Answers  


What is the Meaning of Current ratio?

5 Answers  


EXPAND______________RTI

2 Answers  


Categories