Whether TDS is to be deducted on a contractual payments for example a contract with a telephone company for a fix amount for providing telephone or lease line ??? Bill received from a telephone company which is base amount + service Tax @ 12.36% on it.
It is a contract with a company for a specific work for specific amount. Service tax is charged on a bill by a telephone company as he is acting as a service provider.
17 August 2012
There is no need to deduct the TDS for Internet. It has also been held in case of Skycell Communication Ltd.v.Deputy CIT(2001)251 ITR 53 (Mad).
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