Regarding quiz income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 March 2012
Dear Sir,
How will we consider the income from Quiz TV program? will it be Other source(normal Slab) or special income(direct 30% like winning from horse race, betting and gambling)???
Whats the TDS effect pertaining to it?
Regards,
Dhanapal.
How will we consider the income from Quiz TV program? will it be Other source(normal Slab) or special income(direct 30% like winning from horse race, betting and gambling)???
Whats the TDS effect pertaining to it?
Regards,
Dhanapal.
14 March 2012
For the recipient, it is "Income from other sources". Its the onus of the TV program and not the recipient to deduct TDS. It will deduct TDS @ 30% u/s 194B of the IT Act provided the amount exceeds Rs 10000/-.
14 March 2012
The expert is 100% correct and this income shall be income from other sources
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- PAYMENT NOT SEND IN 180 DAYS
- Long term Capital gains received on sale of Residential Plot of land 10 years after buying it
- RCM INVOICING FROM NOV-2024
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
Trending Online Classes
CAclubindia
