2024 Is tds applicable on telephone bill

Is tds applicable on telephone bill

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Witryna30 paź 2010 · 30 October 2010 TDS deduction not required. 30 October 2010 Telephone services are not covered - When a person decides to subscribe to a … Witryna3 lut 2024 · Certain Zoom Phone services are subject to a federal excise tax and for those services Zoom Phone collects those taxes on behalf of the government using a “Federal Excise Tax” line item. Zoom Phone also charges state and local telecommunications taxes as permitted or required by law. My last carrier had a …

Sec 194J TDS deductible on Toll Free Telephone charges …

Witryna21 mar 2024 · Q.18. Whether TDS u/s 194J is also deductible on reimbursements? A.18. TDS u/s 194C & 194J refer to any sum paid i.e including reimbursements – applicable only in cases where bills are raised for the gross amount inclusive of professional fees as well as reimbursement of actual expenses. Circular No. 715 dated 08/08/1995. WitrynaAnswer (1 of 12): What is the meaning of TDS? How it is charged? TDS stands for 'Tax Deducted at Source'. It was introduced to collect tax at the source from where an … slater hogg and howison glasgow city centre

It tds on telephone bills of tata, airtel, bsnl - TDS - Income Tax

WitrynaTax has to be deducted in case the payment for the professional and technical services is greater than Rs 30,000 during the year. Please note, this Rs 30,000 maximum limit is applicable to each item or payment independently. For example, ABC company paid Rs 25,000/- as royalty and Rs 20,000/- as fees for technical services to Mr.PK. Witryna30 mar 2024 · The Tax Deducted at Source must be deposited to the government by the 7th of the subsequent month. For instance: TDS deducted in the month of June must be paid to the government by the 7th of July. However, the TDS deducted in the month of March can be deposited till 30th April. For TDS deducted on rent and purchase of … WitrynaTDS deducted on payment of dividend made by Mutual fund to natural Person is final withholding Tax. 5%. 5%. X. TDS on Payment by Resident Person for utilizing services related with Satellite, Bandwidth, Optical Fiber, equipment relating to telecommunications or electric transmission. slater hogg and howison houses for sale

Section 194Q: Clarification on applicability - TaxGuru

Tax Deducted at Source (TDS) rates in Nepal for 2077/2078

Witryna7 maj 2009 · Replied 07 May 2009. Yes, Internet serivces are covered in 194J. Company has followed the section notes & deducted the TDS on internet charges. The rate for this should be 10%, just check that. In case the rate is lower than you need to see the lower deduction certificate issued by concern ITO. Witryna31 maj 2010 · Replied 27 May 2010. No! I don't think TDS is applicable on Telephone bills or electricity bills! I have not seen my firm's clients deduct it! as it is not a contratual obligation and the bill amount basically comprises of charges of the calls being made which is not covered by the TDS regulations! But i'll get back to you with the proper … slater hogg and howison loginWitrynaIn our view, payments towards telephone bills, mobile bills and internet services, such payments cannot be considered as payment by way of Royalty and hence Section … slater hogg and howison dennistoun glasgow

"WitrynaPayment of rent by resident person having source in Nepal. 10%. 10%. D. Payment of Rent by Resident person having source in Nepal if the Bill raised is VAT bill. 1.50%. 1.50%. E. Profit and Gain from Transaction of commodity future market. " - Is tds applicable on telephone bill

Is tds applicable on telephone bill

Sec 194J TDS deductible on Toll Free Telephone charges …

Witryna22 maj 2024 · If Limited company is making payment towards mobile bill telephone bill internet bill to another limited company like vodafone jio etc then company making … Witryna1 lip 2024 · TDS is not to be deducted if Form 27C is furnished. S. 194Q(5)(b) excludes the transaction on which tax is “collectible” u/s 206C. Use of word “collectible” in place …

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Witryna5 maj 2024 · 1.1. The learned Assistant Commissioner of Income-tax Circle 7 (1) (2), Bangalore [‘ACIT’ or ‘AO’] erred in disallowing expenditure of Rs. 58,80,650 incurred … Witryna22 maj 2024 · If Limited company is making payment towards mobile bill telephone bill internet bill to another limited company like vodafone jio etc then company making payment required to deduct TDS u s 194J or 194C As per my understanding 194J will not applicable whether 194C will be applicable ... 22 May 2024 TDS not applicable on …

Witryna28 sie 2024 · The Income Tax Appellate Tribunal (ITAT), Delhi bench last week held that the provisions relating to tax deduction at source (TDS) under section 194I of the Income Tax Act, 1961 cannot be invoked against the payment towards lease line charges.. The assessee, a Company engaged in the business of providing Telecommunication … Witryna9 lip 2024 · Normally TDS is recoverable only for circuit bills under 194J. Would you please elaborate! No Tax is recovered from source for post paid telephone bills and …

Witryna15 paź 2015 · 10. Section 194J which relates to ‘fees for professional or technical services’, so much as is relevant, reads as under: ‘194J. (1) Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any sum by way of-. ( a) fees for professional services, or. ( b) http://www.in.kpmg.com/TaxFlashNews-INT/KPMG-Flash-News-Destimoney-Enterprises-Limited-1.pdf

Witryna31 sie 2024 · AT&T Global Network Services (India) Pvt. Ltd. Vs DCIT (ITAT Delhi) Conclusion: TDS on payment towards lease line charge was liable to deduct under section 194J as against under section 194I as lease line services were standard automatic services which were availed by any telecom service provider for the …

Witryna4 lip 2009 · CA. Gurdeep Singh Chawla (Expert) Follow. 04 July 2009 No TDS is required to be deducted from payment made to telecommunication service provider. sagar … slater hogg and howison largs areaWitrynaTDS plus interest. TDS on internet charges and leaseline charges During the course of the assessment proceedings, the AO observed that the taxpayer paid lease line charges and internet charges to Advance Technologies Ltd on which tax under Section194-I of the Act has not been deducted. Accordingly, the AO(TDS) issued notice to the taxpayer. slater hogg and howison glasgow west end slater hogg and howison irvineWitryna5 sie 2015 · TDS is not deductible on services using technology -- telephone charges, Internet charges, cable TV, leased lines. Payments for use of standard facilities by the … slater hogg and howison rentalsWitrynaTDS deducted on payment of dividend made by Mutual fund to natural Person is final withholding Tax. 5%. 5%. X. TDS on Payment by Resident Person for utilizing … slater hogg glasgow west end for saleWitryna25 maj 2024 · In brief, the TDS is not applicable on Internet Charges, Telephone Charges, Cable TV, etc. It has also been held in the case of Skycell Communications … slater hogg burnside officeWitryna11 paź 2024 · it is observed that the assessee company was held to be liable to deduct tax at source by the A.O. from the payment of internet connectivity charges and … slater hogg facebook cumbernauld