Lease line tds rate

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August undefined, 2024

Nettetshould be enforced after the tax deductor has satisfied the Officer-in-Charge of TDS that taxes due have been paid by the deductee companies. Observation: The High Court … Nettet29. jan. 2024 · Sujit Talukder Friday, January 29, 2024. Section 194JA and Section 194JB are not the engrossed sections or provisions in the Income Tax Act, 1961 (“Act”) but …

Calculating GDS / TDS CMHC

NettetPayment on account of purchase through local L/C. (Section 52U) Respective Bank or Financial Institutions. 3% on the amount paid or credited not being in the nature of … http://vasai.icai.org/resources/Utilities/Rates_of_TDS/Rates_of_TDS.aspx espn women march madness bracket contest

TDS On Rent: All About Tax Provisions for TDS Section 194I - Housing News

Nettet11. feb. 2024 · Threshold Limit for deduction of TDS on Maintenance Charges under Section 194C of the Income Tax Act, 1961. Payment should not exceed 30,000 in case of a single transaction and; Aggregate payments made during the relevant FY should not exceed Rs. 1,00,000. If it passes the threshold, then the rate as applicable for TDS on … Nettet19. mai 2024 · TDS on lease Line or Voice Over Internet Expense. 1. Whether TDS would be applicable for payment of Leased Line Internet Charges Paid to Vodafone/Idea etc at what rate and which section. 2. Whether TDS would applicable on payment to Vodafone for Monthly Rental of VOIP/SIP Truncking Services/Telecommunication charges paid. NettetAn Internet Leased Line or ILL is a premium Internet connectivity service that is dedicated and provides un-contended symmetrical speeds for uploads and downloads. … finnshire

TDS on leased line charges paid to BSNL - CAclubindia

TDS on lease rental of car - Income Tax TDS - CAclubindia

Nettet15. okt. 2015 · NO TDS on VSAT /lease line charges paid to NSE/BSE; No tds on sale of agricultural land; NO TDS on Service tax; Not liable to Deduct TDS in case amendment … Nettet11. feb. 2024 · At what rate, will TDS will be deducted? Solution: The rate and amount of TDS will be at 2% and Rs.1,000 respectively as it exceeds the threshold limit of Rs. … espn women\u0027s basketball recruitingNettet11. jun. 2013 · Follow. 11 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 Skycell ... espn women of the year 2023

"Nettet3. mai 2024 · Section 194I - TDS on rent, TDS on payment of rent by certain individuals or HUF, TDS on payment made under specified agreement. Rate of tax deduction u/s 194I, 194IB & 194IC. ... TDS … " - Lease line tds rate

Lease line tds rate

Nettet22. des. 2024 · Rent of plant, machinery, or equipment: 180,000: 2: Rent of land, building, or furniture: 180,000: 10: ... As per the provisions under the Indian Income-tax Act, the higher TDS rate applied will be the higher of: twice the rate specified in the relevant provision of the Indian Income-tax Act; twice the rate or rates in force, or; the ...

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Nettet31. aug. 2024 · Conclusion: TDS on payment towards lease line charge was liable to deduct under section 194J as against under section 194I as lease line services were standard automatic services which were availed by any telecom service provider … Nettet10. okt. 2024 · TDS Rate (%) Upto 13th May, 2024: TDS Rate (%) From 14th May, 2024: Resident: ... 294 it has been decided that when assessee is a member of stock exchange and any payment towards VSAT charges, lease line charges or infrastructure facility etc would not amount to fees for technical service. (f) ...

Nettet29. jan. 2024 · Sujit Talukder Friday, January 29, 2024. Section 194JA and Section 194JB are not the engrossed sections or provisions in the Income Tax Act, 1961 (“Act”) but are segregated section codes for the … Nettet28. sep. 2010 · But, I have seen.. in many companies, they deduct TDS under 194C, as its a payment under specific contract for providing service under a dedicated leased line.

NettetTDS rates for FY 2024-23 (AY 2024-24) Salary: Section 192: Relevant slab rate: Withdrawal from Employee Provident Fund : Section 192A: 10%: Yields from … Nettet12. jul. 2011 · Follow. 13 July 2011 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 Skycell …

Nettet17. apr. 2024 · Yes..TDS is applicable, if the leased line internet payment is made either quarter wise or yearly. to deduct TDS @ 10% under section 194J ( Technical / …

Nettet18. jan. 2024 · By Legal Era. ITAT quashes order confirming disallowance of leased line charges due on non-deduction of TDS The Income Tax Appellate Tribunal (ITAT), Pune … espn women basketball analystNettet12. jan. 2024 · Conclusion: L iability to deduct tax at source on leased line charges could be fastened only under the law prevailing at the time of payment. If no liability existed at … espn women softball scoresNettetTDS 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 Skycell Communications Ltd. v. Deputy CIT[2001] espn women\u0027s basketball tv schedule today