TDS u/s 194C applies on Channel Carriage Fees, Up-Linking & Bandwidth Charges

The assessee in the present case is a Company, which is engaged in the business of Media Broadcasting. A survey under section 133A of the Act was carried out in its business premises on 20.06.2011. As found during the course of survey, the assessee- company while making the payment towards channel carriage fees, up- linking charges and Bandwidth charges to the various parties had deducted tax at source at 2% as per the provisions of section 194C. According to the Assessing Officer, the said payments made by the assessee were covered by section 194J and the assessee, therefore, was required to ...