05 August 2016
Company has paid Cell Site Rent in excess of Rs. 200000, will TDS be deducted on Cell Site Rent Paid???? If yes under which section 194I or 194C??
05 August 2016
Yes. If the same is paid as rent as per agreement then u/s 194I and if its shown as contractual payment in the agreement then U/S 194C. But it is always better to deduct the same as rent U/s 194I.