Not Deduction 94J

[Debdulal Mandal]

When we not deduct for 94J............................................

 

AI Summary

Clarification: No TDS under Section 194J if annual payment for services is below 30,000 INR. Consult experts for more. A discussion on a forum addressed a query regarding the non-deduction of tax under Section 194J of the Income Tax Act, 1961. A participant clarified that Tax Deducted at Source (TDS) is not required under Section 194J if the total payment during a financial year does not exceed 30,000 for professional services, technical services, royalty, or non-compete fees. Another participant confirmed the accuracy of this information and suggested consulting the Income Tax Department or a tax consultant for further issues.