Dear ALL,
WISH YOU HAPPY NEW YEAR TO ALL.
Are we have to deduct TDS on EB Tariff ?
P.Saravanan (Finance Manager) (110 Points)
30 December 2013Dear ALL,
WISH YOU HAPPY NEW YEAR TO ALL.
Are we have to deduct TDS on EB Tariff ?
Sivaguru SM
(Tax Consultant)
(235 Points)
Replied 30 December 2013
No TDS if you receive only Electricity tariff bill. In case you receive bill by adding any service charges apart from EB tariff, then you have to deduct TDS on entire bill amount.
Anil
(Student)
(60 Points)
Replied 30 December 2013
No you don't need to deduct any TDS on electricity bills. There are some income highlighted by Government that are not liable for any TDS like dealing in airline tickets with the travel agents, buying made for retailing things by trade units, Projetcs which are undertaken bt the Government etc.