Quantazone is a leading AI Technology Consulting Firm offering next‑gen IT, CRM, ERP, HRMS, and Marketing solutions to drive innovation and growth.

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Mar 28, 2025

TDS Applicability

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As per Section 194J of the Income Tax Act, TDS at a rate of 2% will be applicable on payments for technical services, including managerial, consultancy, and technical services, if the total payment exceeds ₹50,000 within a financial year.

Source: https://cleartax.in/s/section-194j