Applicability of tds with section ?
This query is : Resolved
16 October 2012
We are broking firm. We have paid "Admission Fees for Composite Membership" to MCX Stock Exchange further we have also paid "Processing Fees for Composite Membership"
We would like to know whether such expenses are subject to liable for TDS ? If yes than under which section.
Kindly guide us ASAP.
We would like to know whether such expenses are subject to liable for TDS ? If yes than under which section.
Kindly guide us ASAP.
19 October 2012
The payment of membership and subscription does not fall under any of the TDS provisions prescribed under IT Act.
Further, as the payment is made to MCX no question of TDS
Further, as the payment is made to MCX no question of TDS
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
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
