TaxTMI 
TaxTMI 
TaxTMI 
sir
we have purchased two lakh sms for issuing in bulk from a company through quotation at a cost of Rs.31,500.00.
i would like to know whethere it attracts TDS under 194 C of income tax.
with regards,
chakravarthy s n
applicability of tds
Guest
No TDS Deduction Required for Purchasing SMS Messages Under Section 194C of Income Tax Act. A query was raised regarding the applicability of Tax Deducted at Source (TDS) under Section 194C of the Income Tax Act for the purchase of two lakh SMS messages for Rs. 31,500. The response clarified that Section 194C requires TDS deduction for payments made under a contract for carrying out work or supplying labor. Since the transaction in question involved a purchase rather than a contract for work, Section 194C does not apply, and no TDS deduction is necessary. (AI Summary)