WebApr 13, 2024 · Section 194O states that “Notwithstanding anything to the contrary contained in any of the provisions of Part B of this Chapter, where the sale of goods or provision of services of an e-commerce participant is facilitated by an e-commerce operator through its digital or electronic facility or platform (by whatever name called), such e-commerce … WebOct 2, 2024 · Section 194J of the Act originally provided for deduction of income tax from the payments made towards fees for professional or technical services at the rate of 10%. A new category was added wherein TDS @ 2% was provided by Finance Act 2024. The amendment has reduced the rate of TDS for payments made towards ‘fees for technical …
TDS not deductible on Internet connectivity charges
Web144 rows · Section 194S:Payment on transfer of Virtual Digital Asset Note: No tax shall be deducted under this provision in the following circumstance: • If the consideration is … WebJan 29, 2024 · Section 194J provides for deduction of income tax from the payments made towards fees for professional or technical services at the rate of 10 per cent. The rate of TDS for both the 'fees for professional services' and 'fees for … shockwave therapy for achilles
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WebMar 17, 2024 · TDS as per Section 194C is to be deducted only if the transactions cross Rs. 1,00,000 in aggregate in a financial year or a single transaction crossRs. 30,000. The rate of TDS as per Section 194C is 1% if the receiver is an individual or HUF and 2% in all other cases. Payment to transporters attracts NIL of TDS. WebFeb 20, 2024 · Section 194C of the Income Tax Act is tax deducted at source (TDS), that is, from payments you receive if you fall under the “contractors” or “subcontractors” category. … WebFeb 1, 2024 · CAM Charges Subject to 2% TDS u/s 194C of Income Tax Act 24-01-2024; MCA Notifies Amendment to Companies Rules, 2014 and Form URC-1 ... Internet Connectivity and Tax Sops 28-01-2024; Crores of TDS Refundable from Road Accident Claims ... CBIC directs GST Officer to issue SCNs based on the difference in ITR-TDS data and Service Tax … race change tbc classic