194B On Prize
This query is : Resolved
Quick Summary
25 June 2024
A company has agreement with a TV channel that the company will give Rs 1 lakh to the winner of the dance show.
Is 194 B applicable. Please suggest.
Is 194 B applicable. Please suggest.
25 June 2024
Yes, applicable.
26 June 2024
Is entertainment tax applicable.
26 June 2024
Depends upon the state levying the tax.
29 August 2024
Good Luck.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sales of goods of amount Rs77 lakhs to a party
- ITR WITH 0 TURNOVER
- Schedule Dpm under 44ada no account casr
- Query related to CA/CS/CMA Firm
- TDS short payment of Rs 120 — how to adjust in new TRACES
- Automatic MIS from Tally ERP
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- Value of Perquisite Tax Borne by Employer
- How to pay tds on mhada property
- Value of Perquisite Sec.10 (10CC)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
