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 … Witryna20 kwi 2024 · Title = TDS on membership subscripttion to Industrial Associations ... what the law says. TDS u/s. 194J ( 10% ) that is deduct TDS as professional or technical service. 1. Part A : This is applicable for “Professional Services” As per section 194J, …
Collection of membership subscription and admission fees from members …
Witryna30 kwi 2024 · Calcutta Club Ltd. Therefore, the applicant is not liable to pay GST on subscription fees and Infrastructure development funds collected from the members and this ruling is subject to the amendment to the CGST Act by section 1 of the Finance Act 2024, as and when it is notified. Support our journalism by subscribing to Taxscan … Witryna11 sty 2024 · TDS deduction for subscription to Office 365 under Sec 194J of Indian Tax Act We are a small business with less than 10 subscriptions to Office 365. Our … sectionsmokes racks method
Tax Alert Delivering clarity - Deloitte
WitrynaAccordingly, the Tribunal concluded that the subscription fees received by the Assessee is not in the nature of fees for technical services as per Article 12 of the India-Germany tax treaty. Accordingly, the Tribunal held that the subscription fees, being in the nature of business income, is not taxable in India in the absence of a PE. WitrynaIn case of debenture capital (not convertible into equity shares) listed prior to April 1, 2024, the fees applicable will be 75% of the above fees. Fees are applicable for the full year. In case of InvITs / REITs capital (Public issue) the fees applicable will be 75% of the above fees, subject to minimum of Rs. 200,000. AND: B. Annual Listing ... Witryna23 maj 2024 · 23 May 2024 The ITAT, Hyderabad bench, recently allowed deduction in respect of the amount of fee paid to NSDL/CDSL charges by holding that such charges are not subject to TDS under section 194J of the Income Tax Act, 1961. The Tribunal opined that since TDS provisions are not applicable to these charges, the Assessing … sectionsmokes run it