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Tds section 194ja & 194jb

Web2 ott 2024 · Section 194J of the Act originally provided for deduction of income tax from the payments made towards fees for professional or technical services at the rate of 10%. A … Web8 lug 2024 · TDS Under Section 194J (a) & 194J (b) The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two …

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WebThe Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts. WebAgainst your fee client deduct TDS under section 194J. Now come on your point which ITR suitable for you. You can fill both ITR-1 or ITR-2. Explation is below: ITR-1. If you total … chevy 1500 gvwr spec chart https://saidder.com

Now 2 Rates for TDS under Section 194J 10% and 2

Web5 feb 2024 · The specified person is a person who has not filed the returns of income for both of the two assessment years relevant to the two previous years which are immediately before the previous year in which tax is required to be deducted, as the case may be. Web1 dic 2024 · TDS on rent under Section 194IB of the Income Tax Act has to be deducted on the earlier of the following – When rent is credited for the last month of the previous year or last month of tenancy in case the property is not being occupied anymore. When rent is paid by cheque, draft, cash, or other modes. 3. Web10 mag 2024 · Tax Deduction Rate – Tax deduction rate for u/s 194J (a) is 2% and for 194J (b) is 10% – In case of payee fails to furnish PAN, he will be liable to pay TDS at the rate of 20% Threshold Exemption Limit In case of payment does not exceed the directed Threshold exemption limits, TDS will not be deductible. good tie breaker score for ncaa

If TDS is deducted in 194J, then is it compulsory to file a ... - Quora

Category:TDS Under Section 194J(a) & 194J(b) – TDSMAN Blog

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Tds section 194ja & 194jb

TDS Under Section 194J(a) & 194J(b) – TDSMAN Blog

Web3 mar 2024 · Section 194 JA: TDS deducted at the rate of two percent for fees for technical services, call centers and royalty paid for sale, distribution or exhibition of …

Tds section 194ja & 194jb

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Web17 mar 2024 · Section 194JB of the Income Tax Act, 1961 was introduced by the Finance Act, 2024 and it came into effect from 1st September 2024. This section deals with the tax deduction at source (TDS) on the payment of certain dividends by the mutual funds. In this blog, we will discuss section 194JB of the Income Tax Act, 1961 in detail. Applicability Web22 gen 2024 · TDS Under Section 194J (a) & 194J (b) The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two …

Web6 mag 2024 · tds on fees for professional or technical services section 194j – किसी भी तरह की प्रोफेशनल या टेक्निकल सर्विसेज के लिए अगर किसी तरह की फीस का कोई भुगतान किया जाता है ,तो टीडीएस काटा जायेगा या ... Web3 feb 2024 · Rate of TDS under Section 194LA. The Deductor is liable to deduct TDS @ 10% under section 194LA of the Income Tax Act, 1961. No surcharge, education cess, …

WebAnswer (1 of 2): No it is not compulsory because 194J deals with TDS and 44AD deals with presumptive taxation scheme for businesses. If your TDS has been deducted u/s 194J … Web27 mag 2024 · The government has taken the powers to extend various due dates under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2024. Besides, statutory powers are also there under the Income-tax Act. There were series of extension of due dates in the year 2024 when the first wave of the pandemic has hit the …

Web28 apr 2024 · Section 194J provides for deduction of Income Tax at source (TDS) in respect of payments made to any resident any sum by way of the following at the specified rates. …

WebPayments that are protected by Section 194J. When making the following payments to a citizen in a fiscal year (over Rs.30,000), a person can subtract TDS at a rate of 10%: The sum is paid as a premium for professional services. Amount paid as a business fee for technical assistance. Non-compete charge under Section 28 (VA) of the Income Tax Act ... chevy 1500 hd towing capacityWeb12 nov 2024 · 12 November 2024 194J (a) means Fees for Technical Services (not being professional services), royalty for sale, distribution or exhibition of cinematographic films … good tiger raised in a doomsday cultWebWhat is Seventh proviso to section 139(1) ... What is Section 194JA and Section 194JB. Friday, January 29, 2024. Is ITR and Tax Audit Due Date Extended till 31.03.2024. Saturday, September 19, 2024. Scheme for Grant of Ex-gratia Payment of Differential Interest for Six Months Loan Moratorium to Borrowers with FAQs. Friday, October 30, 2024. good tier lists catagoriesWebDifference between Sec.194JA and Sec.194JBHope you like the videoDo share your comments in the comment section.BECOME A TDS EXPERTJoin Tds Mastery Course … good tier 1 capital ratioWebSection 194J governs the TDS provisions related to specified services. Any person paying fees to any resident person for these specified services (professional, technical, etc.) is … chevy 1500 leveling kitWeb3 ago 2024 · Section 194J stated that any person who is paying fees to any resident person for specified services, then TDS is required to be deducted u/s 194J.However,TDS is to … chevy 1500 high country reviewWeb11 apr 2024 · CBDT vide Notification No. 18/2024 dated 10.04.2024 in S.O. 1687 (E) notified ‘Greater Noida Industrial Development Authority’ having PAN AAALG0129L, an Authority constituted by the state government of Uttar Pradesh for income-tax exemption under section 10 (46) of the Income-tax Act, 1961. As per the notification, the following … chevy 1500 hd trucks for sale