Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
16 February 2023Dear Experts
Party will provide a link and/or deliver database electronically which the receiver company will use by trying to procure prospective work orders after contacting the contacts in data base.
Will the payment by receiver company to service provider/supplier liable to tds under income tax law? If so under which section.
Regards,
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 16 February 2023
U/s. 194J of IT act... in case of resident company.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 16 February 2023
Thanks Sir for your valued feedback.
But where is the exercise of skill or professional expertise here so as to qualify for deduction under section 194J.
Regards,
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 16 February 2023
Data base under contract is a technical service. i.e TDS u/s. 194Ja of IT act.
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