Tds on subscription amount paid to an assocation
This query is : Open
21 May 2016
Respected experts,
We are paying subscription amount to an assocation which will represent us in court on an specific issue related to electricity tariff.There are also around 4-5 companies apart from our company who are paying subscription to the association because the issue is common for all companies.The association will appoint advocate on behalf of these companies and will represent the case in front of authority concerned.
My query is whether we should deduct TDS on this amount or not?
If yes,then on which rate?
Amount is Rs.300000.
Thanks in advance.
Early reply will be appreciated.
We are paying subscription amount to an assocation which will represent us in court on an specific issue related to electricity tariff.There are also around 4-5 companies apart from our company who are paying subscription to the association because the issue is common for all companies.The association will appoint advocate on behalf of these companies and will represent the case in front of authority concerned.
My query is whether we should deduct TDS on this amount or not?
If yes,then on which rate?
Amount is Rs.300000.
Thanks in advance.
Early reply will be appreciated.
21 May 2016
10% U/s 194 J on professional fee payment.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
21 May 2016
Respected experts,
We are paying subscription amount to an assocation which will represent us in court on an specific issue related to electricity tariff.There are also around 4-5 companies apart from our company who are paying subscription to the association because the issue is common for all companies.The association will appoint advocate on behalf of these companies and will represent the case in front of authority concerned.
My query is whether we should deduct TDS on this amount or not?
If yes,then on which rate?
Amount is Rs.300000.
Thanks in advance.
Early reply will be appreciated.
We are paying subscription amount to an assocation which will represent us in court on an specific issue related to electricity tariff.There are also around 4-5 companies apart from our company who are paying subscription to the association because the issue is common for all companies.The association will appoint advocate on behalf of these companies and will represent the case in front of authority concerned.
My query is whether we should deduct TDS on this amount or not?
If yes,then on which rate?
Amount is Rs.300000.
Thanks in advance.
Early reply will be appreciated.
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?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- 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
Trending Online Classes
CAclubindia
