26 October 2014
Hi all... my question is if in Kon Banega Karodpati (KBC) contestants are playing for charitable purpose which is exempted from tax (eg Prime Minister Relief Fund) then amt win or donated to such fund will be liable for TDS?? if not, then under which section they can claim benefit of non deduction if TDS???
27 October 2014
if the cheque is being directly made to the credit of relief fund, then no TDS will be applicable as payment will never be routed through the contestant as the title of income will be overridden. (this is the normal practice)
if the payment is made to the contestant, then TDS will be deducted.