Lease line tds rate

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August undefined, 2024

NettetFor monthly rent exceeding ₹ 50,000. Applicable TDS Rate if Date of Payment/Credit to the Landlord is before May 14, 2024 (In %) Applicable TDS Rate if Date of Payment/Credit to the Landlord is on or after May 14, 2024 (In %) … 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 …

TDS on leased line charges paid to BSNL - CAclubindia

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. 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 … mersea brickwork

TDS Rates Chart FY 2024-21 - Max Life Insurance

Nettet16. feb. 2016 · 80GG HOUSE RENT; 80GGB-80GGC POLITICAL PARTY; 80TTA SAVING INTEREST; CAL. 15 IN 1 IT CALCULATOR FY 23-24; 15 in One Fy 2024-23; ... 194j TDS RATES. SHARE: RAJ KUMARI. COMMENTS. BLOGGER: 1. RK February 16, 2016 at 12:51 PM. Really a sensitive issue faced in large by the companies. NettetFor monthly rent exceeding ₹ 50,000. Applicable TDS Rate if Date of Payment/Credit to the Landlord is before May 14, 2024 (In %) Applicable TDS Rate if Date of … Nettet11. okt. 2024 · The said line charges can be treated as rental for the line taken on lease and therefore deduction can possibly be made r-r/s.l94l rather than section 194J. I, … how steady is your hand

TDS on leased line charges paid to BSNL - CAclubindia

Tds on lease line from tata tele services - CAclubindia

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 … Nettet2 P a g e Layer 3 MPLS VPN Tariff (India) RATE CoS1 CoS2 CoS3 CoS4 64 Kbps INR 12,000 INR 12,000 INR 10,526 INR 8,421 128 Kbps INR 19,000 INR 19,000 INR 16,667 INR 13,333 256 Kbps INR 31,000 INR 31,000 INR 27,193 INR 21,754 512 Kbps INR 56,000 INR 56,000 INR 49,123 INR 40,936 1 Mbps INR 93,150 INR 93,150 INR 81,972 … mersea beach hutsNettet11. 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 ... how steady is your hand game

"Nettet5. sep. 2008 · 15 November 2008 Usage of leased line for data transmission is a standard service and hence based on the judgement of Skycell Judgement 2001-(251)-ITR … " - Lease line tds rate

Lease line tds rate

TDS on leased line charge already paid cannot be …

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 / … Nettet12. 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 …

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Nettet11. feb. 2024 · Solution: The TDS rate and amount on car hire charges will be at 1% and Rs. 350 respectively since it is an HUF and passes the threshold of Rs. 30,000. For the Full text of Section 194C of Income Tax Act, 1961, please refer to this link. TDS on car hire charges is required to be deducted under Section 194C of the Income Tax Act, 1961 at … http://vasai.icai.org/resources/Utilities/Rates_of_TDS/Rates_of_TDS.aspx

NettetTDS u/s 194J - Since the leased line charges got the final dressing up as `Royalty’ u/s 9(1)(vi) of the Act after the close of the relevant Financial year, we have no hesitation in … Nettet8. des. 2024 · Updated on 8 Dec, 2024. TDS on rent as per section 194I of the Income Tax Act, 1961 is applicable on rental income which the tenant pays to the owner. The …

http://expertspanel.in/index.php?qa=34260&qa_1=tds-on-lease-line-or-voice-over-internet-expense NettetThe regular rate of $109.95 drops to $89.95 for the promo period of two years, ... A TDS phone line is mandatory for all internet packages, which might be a deal-breaker if you …

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 …

NettetSection 194LBC. 25%. 30%. Specific income earned by an investor. Section 194LBB. 10%. The Indian Finance Ministry implemented new TDS rates for resident individuals, which are applicable for 2024-23 and 2024-24 to provide financial respite in light of the recent economic crisis. mersea bus timetableNettet26. apr. 2024 · TDS on payment for virtual Digital Assets of crypto currency (w.e.f 01.07.2024)-1%: 206AA: TDS rate in case of Non availability of PAN-Higher of- As per act twice the rate of rate in force . 20%. 206AB: TDS on non-filers of ITR at higher rates-Higher of – 5% – Twice the rate or rate in force mersea bridge club mer sea body lotionNettet18% 5% 12%. 997326. Leasing Or Rental Services Concerning Textiles, Clothing And Footwear. 12/18. Nil Provided that Director (Sports), Ministry of Youth Affairs and Sports certifies that the services are directly or indirectly related to any of the events under FIFA U-17 Women's World Cup 2024. mersea buff handmadeNettet22. 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 ... mersea brunchNettetTDS 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] how steady should heart rate beNettetTDS rates for FY 2024-23 (AY 2024-24) Salary: Section 192: Relevant slab rate: Withdrawal from Employee Provident Fund : Section 192A: 10%: Yields from … mersea books norwich