![]() ![]() Transfer of rights related to scientific findings, literary work, films or videotapes for radio broadcasting but does not include consideration for the sale, exhibition, or distribution of cinematographic films.Provide any information related to using an invention, patent, formula, etc.Use of patents, inventions, designs, etc.Transfer of rights or usage of an invention, model, design, trademark, patent, etc.It would not have any service provided by machines or robots. Consultancy services can be understood as advisory services wherein necessary advice and consultation are given to the clients for their business.Īs per the Supreme Court’s judgment, technical service would include services provided by a human.The scope of managerial services can be defined as running and management of the business of the client.One can define technical services as providing services that involve technical expertise or expertise in technology.Technical servicesĪs per income tax rules, ‘fees for technical services’ means managerial, technical, and consultancy services but does not include payments considered as Salary by the recipient of such income. It also includes accountancy, advertising, interior decoration, technical consultancy or any other profession notified by CBDT Board under Section 44AA.ĬBDT has, to date, notified the profession of a film artist, company secretary, and authorised representatives under Section 44AA.ĬBDT has further notified sportspersons, commentators, event managers, anchors, umpires and referees, physiotherapists, coaches and trainers, team physicians, and sports columnists under Section 194J. It implies the services provided by a person for carrying on medical, legal, architectural, or engineering professions. Meaning of various terms Professional services Payments in the nature of non-compete fees (i.e., fees paid to not carry on any business or profession for a specified time and within certain geographical boundaries) or fees paid to not share any technical knowledge or know-how.Remuneration paid to directors excluding salary (For e.g., sitting fees to attend board meetings).The type of payments to residents covered under this section are as follows: Guide for Uploading TDS Returns on the Income Tax Portal.Which ITR Should I File? Types of ITR Forms for FY 2021-22, AY 2022-23 – All ITR Forms.How to file ITR Online – Step by Step Guide to Efile Income Tax Return, FY 2021-22 (AY 2022-23).Budget 2022 Highlights: PDF Download, Key Takeaways, Important Points.Budget 2023 Highlights: PDF Download, Key Takeaways, Important Points. ![]() 46th GST Council Meeting: Latest News, Highlights and Updates.Sections 206AB and 206CCA of Income Tax: Analysis, Applicability and FAQs.How to retrieve username and password in ClearTDS. ![]()
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