Tds on hathway internet charges

TDS 1467 views 2 replies

Hi,

We are taking Hathway Internet Lease Line Connection for office.

Do we need to deduct TDS on payments? and under with section?

Replies (2)

Hi,

This involves judment. As most of the Assessing officers treat lease line as Techinical Services and expect you to deduct @ 10% under 194J.

And there is another side, wherein you would have entered an agreement with Hathway which makes it contract services which may attrach 194C @ 2%.

Out of my corp experiece, out of probability, 95% Corporates deduct TDS @ 10% in order to avoid litigation with TDS officer.

 

Thanks,

Suri

Check Tds by checking our website

 


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