tds on Royalty
This query is : Resolved
05 June 2009
IF WE ARE PAID ROYALTY TO PARTY AND WE ARE NOT HAVING PARTY ACCOUNT BECAUSE OF HE IS NOT GIVE US THE BILL WE ARE DIRECTLY MADE PAYMENT . SUPPOSE HE IS CROSS THE LIMITE THANE WE ARE DED. A TDS SO HOW WE ARE ACCOUNTED.
07 June 2009
if you are making payment of royalty, you surely should have details of the person to whom you are paying.You may not have its PAN. But, overall it is ur responsibility to arrange or got PAN from him and Deduct Tax, deposit it and file return accordingly, otherwise, u will be in default.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
