Company Should deduct TDS or not if a company calls a Saint
(Sadhu/Mahatma) for a programme like Pravachan/ Katha/
Pooja ETC ??? If yes then Tax Rate ??? Pl reply in detail
with reason of deduction.
Answers were Sorted based on User's Feedback
Answer / ramesh
we are not to pay any amount to saint for calling
pravachan . what ever we want to pay we have to pay under
him society/ trust / welfare programme for child or old age
etc., under this catagoeries their is no need to deduct any
T D S ,more over we will get exemption in some cases.
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / rajani ingle
It can also be treated as professional services and would
attract TDS under professional fees in case the same
exceeds the 20000/- in a financial year.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / ajoy kumar rai
AS PER IT ACT , TDS IS APPLICABLE IF-
1.THERE IS EMPLOYER AND EMPLOYEE RELATIONSHIP.
2.SOURCE OF INCOME IS DEFINITE.
MOREOVER, IN THIS CASE, TDS MAY ARISE IF THE INCOME IS
TREATED AS "INCOME FROM OTHER SOURCES" .
| Is This Answer Correct ? | 2 Yes | 2 No |
I HAVE TO PAY INCOME TAX PVT LTD CO. COMPANY BOOK PROFIT IS 5,00,000 (including dep.value + provision val of company passed) HOW TO CAL. MAT 15% ON WHICH AMT PLS. HLP ME IN DETAIL
what do u mean by excise duty?
What Do U Mean By Tds
can anybody tell me what is the last date of Service tax payment (Quarterly/Monthly) in Company or other then company (individual/propritorship/partnership) & what is the last date of half year return.
What is an entry for INCOME TAX REFUND ?
Why it's necessary for a company to file TDS Returns?
Dear Sir, I am working in account department. I want to know, Why service tax rate is change in every type of service. For Example - Rent Bill Service Tax Rate - 10.30% Taxi Bill - Service Tax Rate - 4.12% Why it change
1. what is the last date for payment of tds for the month of March? 2.Will the due date differs for each assessment years? if so what is due date for payment of tds for March Month for the Assessment year 2008-09?
What is the difference between Mortgage, Pledge and Hypothecation? Reply.....
what is the full rate of cst/vat of building material ?
what is 'H' form & when it's issu?
How much in the inter state tax CST For the LPG Stove