Hai,Gud Mrng.
one society collects membership fee,life membership fee,yearly subscripttion from the members and others.Is tds is deducted for the above incomes?otherwise it is applicable or not?
Plz let me know clearly.
Thanking u.
sai kiran (Student CA Final ) (52 Points)
10 December 2013Hai,Gud Mrng.
one society collects membership fee,life membership fee,yearly subscripttion from the members and others.Is tds is deducted for the above incomes?otherwise it is applicable or not?
Plz let me know clearly.
Thanking u.
Harendra Kumar
(Tax Advisor )
(1326 Points)
Replied 10 December 2013
Sir,
In my view TDS is collected by you on behalf of Registered Society is applicable. Further any queris plz forward the same.
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