Witryna28 lut 2024 · As per Section 194A the rate of TDS applicable on interest income is 10%. The interest income to retired employees may not be more than Rs.5lakhs per … Witryna24 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 …
Section 194J- FAQs- TDS on Professional or Technical Services Fees
Witryna22 kwi 2024 · 10. Therefore, we conclude that unless the amended Section 7 of CGST Act, 2024 is notified, the applicant is not liable to pay GST on subscription fees and Infrastructure development fund collected from the members as per the Hon’ble Supreme Court judgment in the case of M/s. Calcutta Club Ltd. Witryna19 lip 2024 · 1.The issue in the present case is whether the membership/subscription fees, admission fees collected by the Appellant from its members will be subject to GST or not. 2. On perusal of the definition of supply under Section 7, it is revealed that for any activity/transaction to be qualified as supply, the same should be undertaken in the … glow in the dark handmade
All About TDS On Immovable Property Purchase (194IA) - TaxGuru
Witryna7 cze 2024 · NASSCOM Subscription. 07 June 2024 Is the payment to NASSCOM yearly subscription fee 50,000/- attracts for TDS deduction . If what rate of Tax is to be … Witryna29 mar 2024 · Understanding of Notice, Penalty, Late fees and Interest on TDS for Purchase of Immovable Property- As per Finance Act of 2013, TDS is applicable on transfer of Immovable property, wherein the consideration of the property exceeds or is equal to ₹ 50 Lakhs. Sec 194 IA of the Income Tax Act, 1961 read with Rule 30, 31 … WitrynaTo understand TDS meaning better, let’s take an example. If the nature of payment is professional fees and the specified tax rate is 10%. ABC Ltd makes a payment of Rs … boils on neck and head