Hi,We understand that here in India, we do …

Comment posted Is Payment For Hosting Website Subject to TDS? by manish.

Hi,

We understand that here in India, we do need to deduct the TDS, but the company from which we have rented the server, will ask for the entire amount.
TDS is implicable on profits, as we would not be having the documents of the purchase price of servers or we are not aware of what business profits he is going to earn, how we can judge what TDS need to be deducted.

Sales Manager
http://www.cpwebhosting.net

manish also commented

• Dear Sir,
  
  I am working in a DDO's office in Govt of India autonomous body at Hyderabad.
  In our organization the officers have own house properties both at Hyderabad & outside Hyderabad. In Hyderabad some officers let out their houses and staying in Rented house. They submitted their calculations to set off their loss on let out house property. and also claiming HRA Exemption as they are staying in rented house. In this connection I am in view that at Hyderabad only self occupied house property can be set off against income under salary
  head.
  Kindly advice whether it is mandatory to the DDO to take such loss on let out property at Hyderabad???
  
  Kindly revert back with the query at the earliest to ksrihari282@gmail.com
  
  Regards,
  K.Srihari
• Hi
  
  We would like to know,that if professional fees and commission have been given to a NRI,payment being made outside India,should TDS be deducted or not in India.The contract was also finalised outside India.
• Me too.. would like to get in touch with the person who answers the questions on tax worrry.com.
  Need your advice on tax planning for start-up IT Company in India.
  Off course!! Will pay for the service offered .
• Hi I would like to get in touch with the person who answers the questions on tax worrry.com

Recent comments by manish

• Shocking ! Sale of agriculture land taxable under Direct Tax Code 2010.
  [...] is already posted that Direct Tax Code 2010 has made even agriculture land sale as taxable . However, saving grace is that section 55 of the DTC 2010 provides that in following conditions, [...]
• Is long term gain on shares or units tax free under Direct Tax Code?
  [...] 2. Long term gains on equity shares or mutual fund units  on which STT is deducted are tax free as 100 %  deduction is allowed. For knowing more . read this. [...]
• Can Employer Decline To Issue Form 16?
  [...] issue was already explained earlier in posting Can Employer Decline To Issue Form 16? [...]
• When Should You Get Tax Audit Done In Case Of Day Trading of Shares?
  [...] F & O activity or purely speculating , in all those cases tax audit is reuired. Please read When Should You Get Tax Audit Done In Case Of Day Trading of Shares? Related Posts:Whether purchase and sale of share through demat account is STCG or Speculation?When [...]
• How Cost Inflation Index Saves You Tax?
  [...] or zero coupon bond  are taxed @ 10 % if no indexation benefit is taken. [sec. 112 ]  (Read what is Indexation benefits [...]

powered by SEO Super Comments