If XYZ co. provides internet service for the prescribed period says 1 or 2 yrs.
then TDS should be u/s 194c as contract OR 194J as professional fees?
I think it should be 194C (Contract).
Kindly suggest. Waiting for reply,
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Tds u/s 194c or 194j should applied?
Replies (3)
In this case 194 C will apply.....
Its 194 C
TDS will not be deducted on payment made for receiving internet facility.
reference can be made in the case of Skycell Communications Ltd. v. Deputy CIT[2001] 251 ITR 53 (Mad.)
REGARDS
CA SUNNY AGGARWAL
TAX CONSULTANT
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