Please Help: TDS
Posted Date : 07-Sep-2011 , 04:17:51 pm | Posted By Sanjay
Whether TDS is to be deducted on web hosting charges
Category : Income Tax | Answers : 1 | Comments : 3 | Hits : 1047
Answers
Answer By: Ashish Karundia
Dear Friend,
TDS needs to be deducted on payments made on account of web hosting charges under section 194J @10%. provided the total aggregate payments made during the financial year exceeds Rs 30,000
TDS needs to be deducted on payments made on account of web hosting charges under section 194J @10%. provided the total aggregate payments made during the financial year exceeds Rs 30,000
Comments
Anjali Arora
07-Sep-2011 , 07:17:39 pmAs per my Opinion, Yes it will deduct u/s 194C
CA SUBHASH KR.
07-Sep-2011 , 10:36:01 pmI agree with Ca Ashish
CA VIPIN GARG
08-Sep-2011 , 09:03:16 amYes as rightly said by Ashish Ji, it will be deducted @ 10% under section 194J