If the company paid rs 38000 every month towards the service and call charges to the mobile phone franchise then
1. whether company has to deduct tds on the payment. ?
2. if yes under which section ?
If the company paid rs 38000 every month towards the service and call charges to the mobile phone franchise then
1. whether company has to deduct tds on the payment. ?
2. if yes under which section ?
No need to deduct TDS in respect of Telehone charges.
in this case you have to bifergate the service amount & call charges amount.
then tax deduction will be only on service amount. Call charges is your reimbursement of exps from your clients. So you need not to deduct TDS on call charges.
According to me TDS willbe deducted under section 194C....as for this u will have a contract with the service provider.....and ur payment will exceed limits of Section 194C
If im wrong then do give me reasons for that
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
