12 October 2019
A telecommunication service provider has provided a SIM to a company for the use in solar panel which enables the company to watch the performance of its solar panel. For the same monthly rental is charged for SIM which is around Rs 1.50 Lacs per month and varies every month. Whether there is any TDS liability on company for deduction of tax on the same or would it be exempt under telecomunication services ? Please suggest. It is urgent.