sir,
Our municipal corporation is paying huge amounts to Andhra Pradesh Central Power Distribution company for shifting of electrical poles etc. The APCPDCL is preparing the estimate and on the basis of the estimate, the corporation is paying the amounts to them.
in this connection, i would like to know the rule position whether it attracts TDS under income tax.
urs
chakravarthy s.n.
Are Payments to Power Distribution Companies Subject to TDS? Verify Tax Status First for Clarity. A query was raised regarding whether payments made by a municipal corporation to the Andhra Pradesh Central Power Distribution Company for shifting electrical poles are subject to Tax Deducted at Source (TDS) under income tax regulations. The response advised verifying the tax status of the power distribution company to determine TDS applicability. (AI Summary)