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payment to any club

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(Querist)
26 July 2007 hi all
if i received any subscription from any no profit organisation supose he gave me a weekaly magazine.Is there any TDS, I deduct the payment as a tds or what treatment should i do
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
26 July 2007 I feel your query is : Whether TDS provisions is attracted on payments for subscription of periodicals? If so :

Tds provision is not attracted. It does not make any difference, whether you pay the subscription to any non-profit organisation.

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