tds applicability
This query is : Resolved
krishan mohan kumar
(Querist)
04 June 2009
Dear Sir,
I am the new user and this is my first query.
we made a four party agreement. First party is a company, 2nd party is sportsman, third party is agency who is a middle man and fourth party is the governing body of the sports.
Third party is raising the bills on behalf of sportsman for endorsment fee of the sportsman.It is mentioned in the agreement that agency is authorise to do so.
please advive us being a first party what is the tds rate 194c or 194j?
Also we want to calrify you that in the agreement it is mentioned that 2nd party refered to use as model and we will use the sportsman picture, voice etc for company branding. advertisment purpose.
Krishan Mohan Kumar
- Show quoted text -
I am the new user and this is my first query.
we made a four party agreement. First party is a company, 2nd party is sportsman, third party is agency who is a middle man and fourth party is the governing body of the sports.
Third party is raising the bills on behalf of sportsman for endorsment fee of the sportsman.It is mentioned in the agreement that agency is authorise to do so.
please advive us being a first party what is the tds rate 194c or 194j?
Also we want to calrify you that in the agreement it is mentioned that 2nd party refered to use as model and we will use the sportsman picture, voice etc for company branding. advertisment purpose.
Krishan Mohan Kumar
- Show quoted text -
AMIT KUMAR CHAUDHARY
(Expert)
28 June 2009
tds rate is 94J i.e. 10%+Surcharge+edu.Cess.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
