Tds

This query is : Resolved 

10 February 2012 IS TDS APPLICABLE ON LIMIT RENEWAL CHARGES ??????

10 February 2012 No TDS not applicable on Limit Renewal Charges.

10 February 2012 thank u sir.

But can u plz explain me why is it so???

10 February 2012 Limit renewal charges are not covered under any section. Only section which can be though of is Sec 194J. But this is renewal fees and not any professional or technical consultancy fees. Therefore TDS not required to be deducted on it.


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