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Question of deduction of tax at source

TDS 311 views 4 replies

Dear Experts

Party will provide a link and/or deliver database electronically which the receiver company will use by trying to procure prospective work orders after contacting the contacts in data base.

Will the payment by receiver company to service provider/supplier liable to tds under income tax law? If so under which section.

Regards,

Replies (4)

U/s. 194J of IT act... in case of resident company.

Thanks Sir for your valued feedback.

But where is the exercise of skill or professional expertise here so as to qualify for deduction under section 194J.

Regards,

No not liable for deduction of tax.

Data base under contract is a technical service. i.e TDS u/s. 194Ja of IT act.


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