ð¢ Section 194J Update
TDS on professional services payments is now required to be deducted only if the amount exceeds â¹50,000, up from the previous limit of â¹30,000.
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Key Takeaway:
âïž Higher exemption threshold means reduced TDS compliance burden
âïž Beneficial for professionals receiving payments below â¹50,000
Stay updated and ensure smooth tax compliance! ðŒð
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