08 June 2009
Q. We are body coporate paying Associateship fee ( one Time Enterance fee to Mumbai Cricket Association)on behalf of individual who is not an employee of a company. In their bill they are charging service tax for such payment Whether TDS is deductible on such payment by us ? if Yes then under which provision/Circular/Notification/ or any other ruling. if No then what can be the explanation to support the case.
What will be the implication if the registration is in the name of individual on whose behalf company making payment to club?
08 June 2009
SINCE CRICKET ASSOCIATION IS COVERED UNDER MUTUAL CONCERN TAXATION COMPANY IS NOT LIABLE TO DEDUCT TDS ON ENTRANCE FEES. IT IS SAID BY TAKING REFERENCE OF CASE BETWEEN SUPREME COURT AND BANKIPUR CLUB.