Tag: tds 194j

Merely because deductor under misconception deducted TDS u/s 194C and 194J, it would not disentitle assessee, benefit under Sections 11 and 12 of the Act. In a recent judgment, The Hon’ble Supreme Court has dismissed the SLP of the Revenue against the the decision of the Delhi High …

Reduction in TDS rate on fees for technical services u/s Section 194J of the Income Tax Act Reduction in TDS rate u/s Section 194J  Section 194J of the Income Tax Act provides that a person other than an individual or a HUF who is responsible for paying to …

Payments made by University to affiliated colleges for conducting examinations in different centres were reimbursement and not fee for technical services u/s 194J – ITAT ABCAUS Case Law Citation: ABCAUS 2476 (2018) 08 ITAT The instant appeal was filed by the assessee against the order of Commissioner of …

In its latest judgment, the Supreme Court has held that the transaction charges paid to the Bombay Stock Exchange by its members are not for ‘technical services’ and hence no TDS on such payments is deductible under Section 194J of the Income Tax Act 1961. Case Details: Civil Appeal No. 3141 …