rates under 194 j of incometax

[Asked by Guest]

sir,

i would like to know the percentage of TDS under section 194J income tax act proposed in the latest budget.

urs sincerely

chakravarthy

AI Summary

TDS under Section 194J retained for professional and technical fees when payments exceed the prescribed threshold.
TDS under Section 194J applies to professional, technical and royalty payments when the amount paid exceeds the prescribed threshold for deduction; the existing withholding rate and threshold remained unchanged in the stated budget period.