WE HAVE 2 YEAR CONTRACT WITH VODAFONE FOR PROVIDING
POSTPAID SERVICES TO OUR ORGANIZATION. THE FIRST BILL CAME
FOR MONTH OF JAN 2010 OF AMOUNT Rs. 17695/- . I HAVE TO
CALCULATE TDS ON THIS AMOUNT OR NOT ? IF, YES THEN MY
QUESTION IS TDS IS MADE ON WHAT AMOUNT AND ON WHAT
PERCENTAGE.
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Answer / Aniruddh Dev Singh
Whether Tax Deducted at Source (TDS) is applicable or not depends on the nature of the service and the service provider. As per current Indian tax laws, TDS may be applicable for certain services provided by Vodafone. The amount and percentage of TDS would depend on the specific service category and the prevailing tax slab rates at that time.
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