Dear Sirs,
Net server installation and net
contention charges.
Should deduct TDS if Yes Than which Section ?
Net Charges
Pankaj (sudent) (91 Points)
22 April 2010
CA Babit Khurana
(learning is my passion)
(338 Points)
Replied 22 April 2010
If payment of installationcharges is more than Rs 20000 in sinle payment and rs 50000 in agg. than it is compulsory to deduct tds under setion 194C.
Rate of deduction 1% in case of individual or huf
2% in any other case.
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 22 April 2010
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
