applicability of TDS

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....pplicability of TDS<br> Query (Issue) Started By: - sid chakravarthy Dated:- 24-12-2011 Last Reply Date:- 29-12-2011 Income Tax<br>Got 3 Replies<br>Income Tax<br>Dear Sir, We have engaged the services of National Remote Sensing Centre,ISRO,Dept of Space ,Govt of India,Hyderabad for preparation of digital data for the purpose of preparing Master Plan of our municipality area for a sum of Rs 253000....

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.....00.In this connection I would like to know whether to recover TDS under section 194C or 194J and also like to know whether to collect IncomeTax from a ISRO ,being a Govt of India organisation.Kindly suggest rule position. chakravarthy. Reply By Jagadeesh Tiruveedula: The Reply: Dear chakravarthy, what kind of services your company availed.. please specify clearly.. Jagadeesh Reply By AMIT ....

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....MITTAL: The Reply: Dear Mr Sid In My Openion, preparation of Digital data fall under techincal service. As such TDS u/s 194J will apply. Yes ISRO is the Goverment Organisation but I believe its a Govt funded Agency as such you can deduct the TDS while making the payment. For your Information, ISRO is our customer and they deduct our TDS and issue the Form 16A. so it confirms that they have the ....

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....PAN No and if you deduct the TDS, they can claim credit while filing their TDS Return. Hope I answer to your satisfaction Reply By DEV KUMAR KOTHARI: The Reply: Visit the site - http://www.isro.org/scripts/Aboutus.aspx, you will find the organisation chart of ISRO, It is headed by the Prime Minister and is under the departmetn of space. Thus, ISRO is a department of government of India. There....

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....fore income of ISRO is not liable to income-tax. Government or departmetn of governemtn is not liable to income-tax, ISRO or any other government department is required to deduct tax from payments of specified sums made to other parties. This is becasue the recipeitns are not governement. There is specific liability to deduct and depsoit tax at source. So one should not confuse with the liabilit....

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....y to deduct tax with liability to pay tax on income.<br> Discussion Forum - Knowledge Sharing ....