19 June 2014
We are paying annual membership subscription on behalf of the company to Aluminium Association of India after deducting T.D.S @ 2% on the said bill.
The Aluminium Association charges service tax@12.36% on the said membership subscription charges.
Please advice on whether we can deduct T.D.S on payment of Membership Subscription to the party? If yes, please suggest the T.D.S rate and section.
CAclubindia
