Hi All

Is the TDS to be deducted on Online Learning Platforms Like Coursera Subscription by Company to His Employees ?

And the Coursera is Actually Outside of India which he provide service in India for the Subscription and he has the SNRR Account Bonafide Transactions in Rupees

All transactions in the SNRR account will be subject to payment of applicable taxes in
India- Google Search

As of My Underating That the payment relates to subscription of an online learning platform, it typically falls under:

1. Royalty (if it involves access to copyrighted material, intellectual property, software, etc.).

2. Fees for Technical Services (FTS) (if it includes the use of technical expertise, know-how, or systems).

Both royalty and FTS are subject to TDS under Section 195.

Payment in SNRR Account:

Payments into an SNRR account are treated as domestic payments for tax purposes and are subject to Indian TDS rules.

Nature of Payment to Coursera:
Online Learning Subscription:

Payments for subscription to platforms like Coursera generally qualify as royalty under Indian tax law. This is because:
You are paying for access to intellectual property (e.g., course materials, software, or content hosted on Coursera).

Payments for accessing online databases or software platforms are considered royalty under Section 9(1)(vi).

As per Section 195, any payment to a non-resident that is chargeable to tax in India requires TDS to be deducted as the SNRRA Account considered as Domestic Payments

Is My Understanding is Correct

If yes, Kindly share any supporting or Case Study Regarding this Scenarion

Thanks in Advance

Regards
Vignesh Raja

Sac code 996519 ( Inland haulage import )

Gst rate whether 5% or 18%

Pl guide

Hi
Is GSTR9 & 9C mandatory to file where the turnover is 75 lacs, but I have to claim a refund of 4.5lcas.
Thank you

Is sub-associate of associate company is required to follow Ind As. Example: 'A' listed company is holding 30% shares in Company 'B'. The Company 'B' is associate of company 'A'. Again company 'B' is holding 30% shares in company 'C'. Whether the company 'C' is required to follow and apply Ind As.

Cheques issued on 28th march but not cleared till 31st March.
How to pass journal entry for cheques in Transit in books of accounts.

is correct way to find out capital of individual on 31st march
sales A/c Dr
Income A/c Dr
profit from firm A/c Dr

To purchase A/c
To Expenses A/c
To Drawing A/c
To Loss A/c
To TDS/TCS/Advance Tax paid
and Difference amount to be treated as capital.

and 2nd Entry on 31st march profit or loss to be passed
in the case of profit
Profit and Loss A/c Dr
To Capital A/c
in the case of loss
Capital A/C Dr
To Profit and Loss A/c

capital equal to which assets of balance assets.

IF WE ARE GIVING SERVICE OF ROYALTY THEN UNDER WHICH ACCOUNTING CODE THE PAYMENT OF SERVICE TAX IS NEED TO BE MADE FOR YEAR 14-15 ACCORDING TO DEMAND RAISED BY DEPARTMENT.?

i own a flat in mumbai - my building is going for redevolpment soon
pls guide how will my accounts be updated with all the rent recd/corpus/shifting
charges /extra area be accounted
pls also guide if the amounts received will be treated as income or not
what happens to cost of my flat which is shown in my balance sheet
thanks PLS GUIDE
THANKS

Hello CCI members,
I have one query for IT refund for AY 22-23.

Case Individual
Source of Income- Salary
For AY 22-23 I have filed ITR and received a demand notice of Rs.14000 but by mistake challan was deposited under SAT 300 instead of 400.
But department adjusted it against our refund in AY 23-24. I filed rectification request for correction of challan and it is now reflecting under 400.
Now how can I claim my refund against this challan.

Please suggest.

Thanks