Tds on lease line

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2013 Kindly guide me, Is TDS liable to deduct on payment of lease line payments.

Further if yes, under which section

CA Chitresh Gupta

CA Chitresh Gupta (Expert)
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30 April 2013 In my opinion TDS is not applicable in this case.

regards

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2013 May i Know Why? TDS not applicable

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 April 2013 https://www.caclubindia.com/experts/tds-on-leased-line-493450.asp#.UX-vr6IxGAc

Check out in detail from above link.

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2013 Dear Mr. Sanjay

Can we discussed on below notification

(4) The profession of information technology [Notification No. SO 385 E dated 4.5.2001]

Still TDS will not applicable???

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 April 2013 Seen. TDS not applicable.

Please refer: Skycell Communications Ltd. v. Deputy CIT[2001] 251 ITR 53 (Mad.).

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