WebApr 6, 2024 · Rate of Tax Deduction Under section 194J. As covered in this section, all payments are subject to a standard TDS rate of 10%. However, if the Deductee does not provide the PAN number to the Deductor, the TDS deduction takes place at the rate of 20%. Note: TDS at 2% must be deducted on payment to call centres effective from 01.04.2024. WebAug 6, 2024 · TDS Section 194J is a provision in the Income Tax Act 1961 that deals with the deduction of TDS on fees for technical and professional services. The section is getting attention again after the Finance Bill 2024, which has made some revisions to it. The revised version of the section will come into effect from 1/04/2024.
Substitution of new section for section 194C
WebApr 12, 2024 · Many countries have adopted carbon regulatory policies in pursuit of carbon neutrality, which pose great transition risks for energy-intensive sectors. Using the panel data of 186 Chinese listed enterprises in the energy-intensive sector from 2007 to 2024, this study investigates the impact of green technology innovation on corporate operation … Web1 day ago · Tds 194 j is appilcable on 44ad opted scheme firm - Income Tax. Tds 194 j is appilcable on 44ad opted scheme firm - Income Tax. Site. Courses. Login Register. … how to stop mounjaro
Section 194J Under TDS - Professional or Technical Services Fees …
WebJul 8, 2024 · The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two sections, 194J(a) and 194J(b), effective from August 7 2024. u/s 194J(a) of the Income Tax Act, is related to TDS deduction on fees for Technical Services, and u/s 194J(b) of the Income Tax Act is related to TDS deduction on … WebSection 194-IB: Payment of rent by individual or HUF not liable to tax audit . 5: Section 194-IC: Payment of monetary consideration under Joint Development Agreements . 10: ... (1A) of Section 115A of the Income-tax Act, to the Indian concern, or in respect of any computer software referred to in the second proviso to sub-section ... WebIf you make $70,000 a year living in Massachusetts you will be taxed $11,448. Your average tax rate is 11.67% and your marginal tax rate is 22%. This marginal tax rate means that … read burning effect