One company is
providing internet services . Their bill shows internet lease rental
and maintenance charges. And they r chargin service tax on that also.
So the question is will it come under 194c or 194I for the purpose of TDS.?
Menu
Leasing of network line. 194C or 194 I?
Replies (4)
A DON'T UNDERSTAND THE QUESTION
T.D.S is applicable under section 194C . i.e., payment to contractor. Sec 194I is applicable only in case of lease rent or rent payable on building, machinery, equipment or land. No doubt the company contract is in name of lease payment but one should look at its nature of contract. So, sec. 194C is applicable.
It will come under Sec.194C
it will cover under Section 194C
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
