Please Help: TDS
Posted Date : 29-Apr-2011 , 09:21:45 am | Posted By SANJEEV RASTOGI
WHETHER TDS SHOULD BE DEDUCTED ON ANNUAL SUBSCRIPTION PAID TO CLUBS
Category : Income Tax | Answers : 6 | Comments : 3 | Hits : 1923
Answers
Answer By: Mrattunjay
TDS NOT REQUIRED TO DEDUCT
Answer By: Anmol Goyal
No need to deduct the TDS
Answer By: Anmol Goyal
Not at all
Answer By: Rishabh Upadhyay
no
Answer By: Vikash Kumar Jha
As pe my knowledge Subscription is not covering any section related to TDS. So there is no chance of deducting Tds.
Answer By: Vaneet Gupta
NO
Comments
sahil rastogi
30-Apr-2011 , 10:43:42 pmyes u/s 194 C
NAVEEN JAIN
05-May-2011 , 12:48:54 amI m not agree with Sahil, Annual subscription not covered under the meaning of work as define in Section 194C. "Work does not include manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person, other than such customer"
SANJEEV RASTOGI
06-May-2011 , 03:39:49 amIt is sure that tds should not be deducted u/c 194 c. The question is that there is a bill of a club of Rs. 38000 for annual subscription. Also service tax is charged by club @ 10% Whether tds can be deducted u/c 194J.