Is tds applicable on telephone bill
WitrynaTDS deducted on payment of dividend made by Mutual fund to natural Person is final withholding Tax. 5%. 5%. X. TDS on Payment by Resident Person for utilizing … Witryna18 sie 2012 · What about the applicability of TDS US/ 194 J in the case where a Company pays its Teelphone and Mobile Bills directly and book those expenses in …
Is tds applicable on telephone bill
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Witryna9 lip 2024 · Normally TDS is recoverable only for circuit bills under 194J. Would you please elaborate! No Tax is recovered from source for post paid telephone bills and … Witryna7 maj 2009 · Replied 07 May 2009. Yes, Internet serivces are covered in 194J. Company has followed the section notes & deducted the TDS on internet charges. The rate for this should be 10%, just check that. In case the rate is lower than you need to see the lower deduction certificate issued by concern ITO.
WitrynaIn our view, payments towards telephone bills, mobile bills and internet services, such payments cannot be considered as payment by way of Royalty and hence Section … Witryna2 cze 2013 · Follow. 02 June 2013 TDS is not deductible on services using technology -- telephone charges, Internet charges, cable TV, leased lines. Payments for use of standard facilities by the public at large in which some form of technical service is inherent are not covered under section 194J. It has also been held in the case of …
Witryna8 maj 2024 · In my view, the name on the electricity bill would matter. The TDS will be deducted by the owner. Though electricity is GOODS, CBDT in its circular exempted … Witryna3 lut 2024 · Certain Zoom Phone services are subject to a federal excise tax and for those services Zoom Phone collects those taxes on behalf of the government using a “Federal Excise Tax” line item. Zoom Phone also charges state and local telecommunications taxes as permitted or required by law. My last carrier had a …
Witryna11 paź 2024 · it is observed that the assessee company was held to be liable to deduct tax at source by the A.O. from the payment of internet connectivity charges and …
Witryna31 maj 2010 · Replied 27 May 2010. No! I don't think TDS is applicable on Telephone bills or electricity bills! I have not seen my firm's clients deduct it! as it is not a contratual obligation and the bill amount basically comprises of charges of the calls being made which is not covered by the TDS regulations! But i'll get back to you with the proper … اسلحه کمری با خفه کنWitryna5 paź 2007 · If we fail to deduct TDS for the monthly telephone bills and pay TDS within the financial year whether the telephone expenses will be allowed as business expenditure for that financial year Please clarify ... DISALLOWABILITY IS STIPULATED of exp INCURRED UNDER FOLLOWING SEC.WHERE TDS IS APPLICABLE … اسلحه کمری با صدا خفه کنWitryna5 cze 2024 · The Income Tax Appellate Tribunal (ITAT) while upholding the order of the CIT(A) held that payments made by the assessee towards the toll-free telephone charges constitute royalty, in terms of Section 9(1)(vi) of Income Tax Act, and is liable to deduct TDS under Section 194J of the Income Tax Act. The assessee, M/s. creps judoWitrynaTDS is deducted only if your total income is taxable. . However, TDS will not be deducted in case your total income is Rs. 2,50,000 and this amount is applicable for men and … crep u boji cenaWitryna13 maj 2024 · The new audit trail rule in accounting software is applicable from 1st April,2024. Read more. ... How to deduct TDS on GST bill given above ? TDS to be calculated on the base (taxable value) = Rs. 1,00,000/-TDS rate in GST = 1% (CGST) and 1% (SGST) ... Please provide a Phone. crep srbijaWitryna5 maj 2024 · 1.1. The learned Assistant Commissioner of Income-tax Circle 7 (1) (2), Bangalore [‘ACIT’ or ‘AO’] erred in disallowing expenditure of Rs. 58,80,650 incurred … اسلحه کمری hsWitryna30 kwi 2009 · . There is no dispute or dis-agreement regarding the nature of transactions entered into between the assessee and its distributors. The assessee company, by … crep toza markovic