SkillsGuide.in
Finance & TaxRelated Track: Tally Prime & GST Accounting →

Section 194J (TDS on Professional Fees)

💡 Quick Definition: Income tax section mandating 10% (or 2% for technical services) TDS deduction on professional payments exceeding ₹30,000 annually.

Detailed Explanation & Workplace Application

Companies and MSMEs paying fees to freelance software developers, CAs, legal consultants, and marketing agencies must deduct TDS under Section 194J and remit it to the government using Challan ITNS 281 by the 7th of the following month.

Practical Syntax / Framework Formula

Invoice Amount: ₹50,000 + 18% GST (₹9,000) = ₹59,000
TDS @ 10% on base (₹5,000)
Net Payment to Freelancer = ₹54,000
← Back to Full GlossaryLearn Tally Prime & GST Accounting

Intelligent Adaptive Discovery

Indian Career Compass & Transition Blueprint

Personalized specifically for your domain background (CA, Law, Pharmacy, Teaching, Tech, Engineering & Commerce). Questions dynamically adapt so you are evaluated on relevant skills — never forced into mismatched generic questions.

Adaptive 30-Signal EngineDomain-Specific Competency MatchingZero Unwanted Generic Coding for Non-Tech5 Adaptive Steps
STEP 1 OF 50 / 30 signals captured

Your Starting Point

Every educational background has specific high-leverage advantages. Let’s map yours.

💡 Your background unlocks specific accelerated career pathways without starting from scratch.

💡 Optional. Used to prevent suggesting career pathways with a negative pay delta.

💡 Used to benchmark local hiring clusters in your regional market.

🔒 Complete client-side privacy. Answers stay in your browser and are never uploaded without permission. Export your blueprint below to save a copy.