ACCOUNTING AND TAXATION OF FILM PRODUCER
This query is : Resolved
08 November 2019
I need a guidance in respect of accounting and taxation of film producers. The budget of film is around 2 CR. When to deduct TDS. In my case, the producer has paid all expenses like professional fees, contractor payment in FY 2018-2019 and not deducted TDS. In FY 2019-2020, pre-production process is going on and film will be released in this year.
He has not taken GST registration in last year as there was no sale in FY 2018-2019.
Please guide on all implication of Income Tax, TDS and GST.
Thank you in advance.
He has not taken GST registration in last year as there was no sale in FY 2018-2019.
Please guide on all implication of Income Tax, TDS and GST.
Thank you in advance.
26 May 2020
Please consult a CA to get an in depth analysis and professional guidance on the same.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- Annual return in Gst
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
