TDS rate on professional payments under section 194J increased, expanding withholding obligations for payers of specified fees. The withholding tax rate in sub section (1) of section 194J is amended by substituting the earlier five percent rate with ten per cent, increasing payer ... Summary
TDS rate on professional payments under section 194J increased, expanding withholding obligations for payers of specified fees.
The withholding tax rate in sub section (1) of section 194J is amended by substituting the earlier five percent rate with ten per cent, increasing payer withholding obligations for specified professional or technical service payments effective from the stated commencement date.
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