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What is the TDS ratio applicable on professional fees?

Answer Posted / 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



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