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      Question

      The rate of Tax Deducted at Source (TDS) on payments of

      professional fees to a resident individual (if PAN is furnished) under Section 194J is generally:
      A 1% Correct Answer Incorrect Answer
      B 2% Correct Answer Incorrect Answer
      C 5% Correct Answer Incorrect Answer
      D 10% Correct Answer Incorrect Answer
      E 20% Correct Answer Incorrect Answer

      Solution

      Generally, TDS on professional fees under Section 194J is 10%. (A lower rate of 2% applies to certain categories like technical services or royalty in the nature of industrial/scientific equipment)

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