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Tds on payments made to ima?

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 October 2013 Dear Experts,

Urgent advice needed!

Indian Medical association is raising a bill to our client for Rs. 40, 000/- for co-sponsership of an event ie: Marathon race.

Whether our client is liable to dedcut TDS on 40,000/-? and under which section?

Pl. provide reference too.

Thanks
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Arun Biyani

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Arun Biyani (Expert)
08 October 2013 No , Not liable.. pay without any deduction and take it in bus. promotion expense..
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2013 r u sure Sir?

Pl. provide reference because as far as my knowledge we should dedcut tds @ 2% u/s 194C.

Pl. confirm again.

Thanks
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 October 2013 Since it is payment to Government TDS is not apply
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Querist : Anonymous

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Querist : Anonymous (Querist)
18 October 2013 But one of my senior CA told me to deduct tds on it as IMA is an association.

Pl help!
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 October 2013 yes. ofcourse it is not governed by the Indian Government

Since it is even management covered under sec.194J, deduct 10%

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