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Lease line tds rate

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, … Netteta. Ethernet based Internet Leased line Service Line shall be offered only for speeds of 2 Mbps and above. 3. Other Charges: a. Back-up Port Charges: i. Hot Standby Backup Port Charges: If a customer takes secondary hot stand by port for back up, then the charges for back up port shall be as follows: Proposed Tariff for Secondary Back up Port

TDS on Rent of Property - TIN

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. Nettet11. 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 ... motegrity cic https://maddashmt.com

TDS on Rent of Property - TIN

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) ... http://vasai.icai.org/resources/Utilities/Rates_of_TDS/Rates_of_TDS.aspx 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 Disributor Financing. 1% on the amount paid or credited in case of Distributor Financing Agreement. Tax shall be deducted at the rate of. two percent (2%) in. mining canadian shield

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

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

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Lease line tds rate

TDS Rates Chart FY 2024-21 - Max Life Insurance

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 … NettetThe existing provisions of Section 194I of the Income Tax Act, casts a duty on the payer of rent to deduct tax at the rate of 10% of the rent on any land or building if the aggregate of the rent paid or likely to be paid during the year exceeds Rs 2.40 lakh. The limit of Rs 2.40 lakh is applicable for each payee and not for each of the properties.

Lease line tds rate

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Nettet11. 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 … 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 / …

Nettet1. mai 2024 · TDS on lease rental of car. S. MOHAN (ACCOUNTS OFFICER) (104 Points) 01 June 2011. We have received a bill towards lease rental of car where the supplier … 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 …

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 … 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.

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 …

NettetWhat is a deposit dispute? When tenancies come to an end there are sometimes disagreements over who receives the deposit. If the deposit is protected by TDS, the dispute can be referred to us and resolved by a professional, impartial adjudicator. We will decide how much should be awarded to each party based on the evidence you send us. mining cap lamp cordlessNettetshould 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 … mining capeNettet28. aug. 2024 · The Income Tax Appellate Tribunal (ITAT), Delhi bench last week held that the provisions relating to tax deduction at source (TDS) under section 194I of the … motegrity class of drugNettet28. 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. motegrity classNettet11. 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 … mining capital of canadaNettetThe 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 … mining cap lamps lens coversNettetTDS 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 … motegrity compared to linzess