Please Clarify Whether TDS is applicable on The lease line rental Payment Made to Tata ,airtel. if YEs shall it will be covered under 194 J or 194 I as the provision of Income tax act as amended by Finance act 2014
Menu
Tds on leased line rental
Replies (2)
Yes tds will apply and it is covered in 194-I
Tds should be deduct u/s 194I, Because there is no matter of ("Technical Services") to deduct tds u/s 194J.
Explanation to section 194I specifies the meaning of “Rent” means any payment, by whatever name called, under any lease, sub lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,
- (a) Land; or
(b) Building (including factory building); or
(c.) land appurtenant to a building (including factory building); or
(d) Machinery; or
(e) Plant; or
(f) Equipment; or
(g) Furniture; or
(h) Fittings,
Regards
Recent Topics :
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
Related Topics :
CAclubindia
