whether TDS is deducted on internet charges(leased line)
and which section does it belong to and if it is applicable
then what is the maximum exemption limit?
- 6 Answers
- 60595 Views
- Airtel, I also Faced
- E-Mail Answers
Answer Posted / rajaram k
TDS is not deductible on services using technology --
telephone charges, Internet charges, cable TV, leased lines.
Payments for use of standard facilities by the public at
large in which some form of technical service is inherent
are not covered under section 194J. It has also been held in
the case of Skycell Communications Ltd. v. Deputy CIT[2001]
251 ITR 53 (Mad.).
| Is This Answer Correct ? | 77 Yes | 26 No |
Post New Answer View All Answers
I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
What do you mean by fair rent?
what is city commodity tax
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
Who is an assessee?
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
What is the %age of T.A.,D.A.,H.R.A.,BASIC
Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana
th point in when will details wil get filled in ER1 2a and 2B?capg
how to calculated all taxes their information in details
