TDS exemption on professional fees prevents deduction where fees are paid exclusively for personal purposes of individuals or HUFs. An added proviso to section 194J exempts specified individuals and Hindu undivided families from deducting tax at source on fees for professional services ... Summary
TDS exemption on professional fees prevents deduction where fees are paid exclusively for personal purposes of individuals or HUFs.
An added proviso to section 194J exempts specified individuals and Hindu undivided families from deducting tax at source on fees for professional services when such fees are paid or credited exclusively for personal purposes of the individual or any HUF member; sub-sections (2) and (3) of section 194J are omitted.
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