Income tax on installation chgs of internet.

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2012 Respected Experts,

Please help me.

Recently, our office took lease line connection from Sify Technologies Ltd & received installation charges bill.

Please tell us TDS is required to be deducted on INstallation or not.

Also tell us do we have to deduct TDS on Annual recurring charges only. Also tell us the percentage of TDS.

CA Pooja Agarwal

CA Pooja Agarwal (Expert)
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29 October 2012 i think 10% TDS shall be deducted u/d 194J..however it is not applicable for HUF and individuals

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2012 Thanks for your reply!

But a senior person was telling us to deduct 2 % TDS & treat it as Contract Services.

Query :

Recently, our office took lease line connection from Sify Technologies Ltd & received installation charges bill.

Please tell us TDS is required to be deducted on INstallation or not.

Also tell us do we have to deduct TDS on Annual recurring charges only. Also tell us the percentage of TDS.

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