Is tds applicable on membership subscription

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Witryna13 lis 2009 · Tds on Subscription Charges allowable or not. 13 November 2009 Whether Tds to be deducted on yearly subscription services. 13 November 2009 If it … WitrynaAnswer / vedanarayan. Payment made to usa for isaca exam registration fee weather tds is applicable or not? If 15cb is applicable weather fee is below rs.50000

Tds on payment to linkedin [Resolved] Income Tax - CAclubindia

Witryna13 gru 2024 · This implies that the rate of TDS is 10% in case of fees paid for professional services while it is 2% in case of fees for technical services. As the rate of TDS is different for professional services and technical services, looking into the difference between the two is the need of the hour. Let us go into the definitions of … Witryna14 godz. temu · An individual is eligible to receive dividends of Rs 30,000 (Rs 3 X 10,000). As the amount of dividend exceeds Rs 5,000, TDS will be applicable on it. The TDS of Rs 3,000 (10% of Rs 30,000) will be deducted from the dividend amount and the balance Rs 27,000 will be deposited to the individual's bank account. the master plan family diary

NASSCOM Subscription [Resolved] Income Tax - CAclubindia

Witryna12 paź 2009 · Follow. 13 October 2009 I think by subscribing to Naukri , u get the following services . Database assess , a permanent login and a password is provided to you and help desk charges .Annual charges are levied every year. I think these fall under "technical services " and would be TDS deductible u/s 194J @ 10%. Witryna26 maj 2024 · TDS will be deducted under Section 194J at rate 2% in case of fees for technical services (not being professional services) and rate reach up to 10% of such sum in any other case. Individual or HUF having a total sales, gross receipts or turnover from the business or profession carried on by him exceed 1 crore rupee in case of … Witryna7 paź 2024 · In the present case it is noticed that the assessee had incurred club expenses of Rs. 1,67,060/- (copy is placed at page no. 19 of the assessee’s paper book) as per following details: a) Club subscription fees paid to the Oberoi, New Delhi. 1,43,125/-. b) Club membership fees paid to Noida Golf Club. 17,935/-. tiffaniearthur.com

1. Can I deduct TDS on monthly fee? - Nimble Cowork

Relief to Grant Thornton: No TDS applicable on Payment made to …

Witryna11 kwi 2024 · Every rupee earned by an NRI in India is subject to TDS. The TDS is applicable on every payment earned or accrued. These include rent payments, interest earned from bank accounts, fixed deposits, capital gains from mutual funds etc. Further, NRIs cannot submit Form 15G/Form 15H to lower or avoid TDS. Here's what they can … Witryna22 cze 2015 · It is required for the purpose of Form 15CA and 15CB. Thanks in advance. 22 June 2015 Considering the provision of section 9 of IT Act, I think the membership fee paid to NR having no PE in india and doing business outside india, is not taxable in india, hence no tds. You need to be the querist or approved CAclub expert to take … tiffanie adams deathWitryna20 mar 2008 · Failed to deduct will attract the disallowances under income tax act. Section 194C will be applicable to this. 23 March 2008 Yes. If P'ment exceeds 194C … tiffani duncan king county

"Witryna20 kwi 2024 · After detailed delibration, I have come to following opinion. I have tried to support it with clear excerpts from the Income Tax Act. Please review and advise. Let us make a final opinion. Title = TDS on membership subscripttion to Industrial … " - Is tds applicable on membership subscription

Is tds applicable on membership subscription

Subscription Fees To Foreign Entity - Taxability In India

Witryna22 cze 2015 · It is required for the purpose of Form 15CA and 15CB. Thanks in advance. 22 June 2015 Considering the provision of section 9 of IT Act, I think the … Witryna7 paź 2024 · In the present case it is noticed that the assessee had incurred club expenses of Rs. 1,67,060/- (copy is placed at page no. 19 of the assessee’s paper …

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Witryna30 maj 2015 · madhup (Querist) Follow. 30 May 2015 dear sir , please clarify which TDS section will apply on payment made to fitness gym centre yearly fee 194C or 194J . pls clarify urgent & thanks in advance. CMA. CS. Sanjay Gupta (Expert) Witryna1 lut 2011 · More ever the phrase "Subscription Charges for the year" indicates that it's not a fee like consultant's charges. Fixed Duration of its use also makes it different from consultancy. you are getting any-time access to the software during its currency period as if it's your own thing. Similar use of a consultant is not possible at all.

Witryna29 maj 2024 · On this basis, the AO decided that the subscription fees paid by the Indian customers to the Taxpayer should be taxed in India at the rate of 10% as per … Witryna11 sty 2024 · Search Community member; Ask a new question. SM. small_business Created on September 22, 2024. TDS deduction for subscription to Office 365 under …

Witryna21 wrz 2024 · Any Indian entity or an individual making payment to foreign entity and if such payment is liable to tax in the hands of such foreign entity in India by virtue of Section 9, Income Tax Act,1961 or Double Taxation Avoidance Agreement (DTAA) entered into with the foreign country. Then Indian entity become liable to deduct TDS … Witryna21 sie 2015 · Tds on annual subscription. Mayadhar Rout (Student) (37 Points) 12 September 2013. Hi, we have to paid 7L+12.36% service tax as annual; subscripttion …

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WitrynaThe Member entity shall be entitled to deduct tax at source (TDS) on the amounts paid towards Fee and services, in accordance with the provisions of the Income Tax Act 1961 as applicable from time to time. TDS @ 10% to be deducted in case the Membership fee payable during… the master plan heather pringleWitryna6 gru 2024 · TDS on Subscription Fees and Membership Fees, Income Tax: Issue Id: - 115065 Dated: 12-6-2024 By:-Dhara Sheth : TDS on Subscription Fees and … tiffanie by the sea 122dWitrynaThese cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which … tiffanie arnold obituaryWitryna10 kwi 2024 · Section 194M of the Income Tax Act, 1961, mandates TDS on payment made under specified agreements. It is applicable to any person, other than an individual or HUF, responsible for paying any sum to a resident for carrying out any work in pursuance of a contract, or by way of fees for professional services. The TDS rate … the master plan for evangelismWitryna24 mar 2008 · 24 March 2008 our company was paid rs.26250/- (single bill) to Mrs.Assocham New Delhi for subscription for membership fees on that. tds … tiffanie byingtonWitryna30 maj 2024 · TDS stands for 'Tax Deducted at Source'. It was introduced to collect tax at the source from where an individual's income is generated. The government uses … tiffanie by the sea 316aWitryna1 cze 2024 · 02 June 2024 TDS not applicable but 6% equalisation levy deductible from remittance and paid to govt subject to the below mentioned conditions. Equalisation Levy is a direct tax, which is withheld at the time of payment by the service recipient. The two conditions to be met to be liable to equalisation levy: The payment should be made to … tiffanie barriere one flew south