TDS liability

Registration charges does not attract any TDS provision

I did not understand your question. Why will you pay Rs. 25,000 to IOC for registration of partnership???

yes dear neha as far as tds issue is concerned there is no proviso in respect of registration charges but i want to know what is the nead of paying registration charges.registration charges are to be paid to registrar i think. but if there is some rules then plz let me know also.

regards

tarun rustagi

my dear friends...

i m very sorry...i have wrote the word "registration" by mistake...

actully i have recently come to know that whenever any petrol pump in india changes its status, it has to intimate it to IOC & then IOC changes its(petrol pump) status in its own records, for this it charges some fees...that fees charged is Rs. 25,000/-. Please correct me if I m wrong somewhere...

Thanx & Regards

Neha

Neha,

I cannot comment upon the validity of the charges levied by IOC for the purpose of changing the status.

But as far as TDS provisions are concerned such charges do not fall under any category of payments mentioned in Chapter XVII of the I. Tax Act. Hence No TDS would get attracted on such payments/ charges.

Originally posted by : Neha
	my dear friends... i m very sorry...i have wrote the word "registration" by mistake... actully i have recently come to know that whenever any petrol pump in india changes its status, it has to intimate it to IOC & then IOC changes its(petrol pump) status in its own records, for this it charges some fees...that fees charged is Rs. 25,000/-. Please correct me if I m wrong somewhere...   Thanx & Regards Neha

 According to me nature of fees requires more clarifications because it may fall under section 194J i.e. charges for technical services.

dear neha it's obvious whenever u change ur status then u will have to submit particulers about that to related authorities and may be oil corporation charges some amount for this but i don't think it's rs.25000 what do you think.

this is very big.i think there is some misunderstanding with u. plz clear ur doubt and also of mine

regards

tarun rustagi 

thanx to all of u...

but if u get to know anything else about this ., plz send me message about that..

thanx again..