whether TDs is applicable on the fees paid for seminar ,if yes under which section it wil be deducted???
Sandeep Mishra (CA FINAL) (151 Points)
10 February 2010whether TDs is applicable on the fees paid for seminar ,if yes under which section it wil be deducted???
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 10 February 2010
194J, PROFESSIONAL CHARGES.
Amir
(Learner)
(4016 Points)
Replied 10 February 2010
Dear Sandeep,
Exact answer will depend upon the nature of payment - but for ur reference
In the case of sponsorship for debates, seminars and other functions held in colleges, schools and associations with a view to earn publicity through display of banners, etc., put up by the organisers, the agreement of sponsorship is in essence an agreement for carrying out a work of advertisement. Therefore, provisions of section 194C will apply. Circular 715