Deduction of tds on services of singer
This query is : Resolved
01 June 2012
there is a college in which event was organised. the head of the event suppose Mr. X has provided advance for incurring the expenditure. out of the advance amount he has paid sum of Rs. 500000/- to Javed ali (well known singer)and the bill of Javed Ali shows that the payment was made to them after deducting TDS. now my question is whether the amount of TDS deducted has to be booked in college?
also the additional information is that the payment was made through bank but from the account of that person to whom the advance was given(Mr. X)-now what will be the accounting effect in the books of accounts of college
Also is there any exemptions for the singers for not deducting tax at source if he provides the PAN No.?
plz resolve this query as early as possible
also the additional information is that the payment was made through bank but from the account of that person to whom the advance was given(Mr. X)-now what will be the accounting effect in the books of accounts of college
Also is there any exemptions for the singers for not deducting tax at source if he provides the PAN No.?
plz resolve this query as early as possible
01 June 2012
Actual expenses is for College. so college has to book the expenses along with the TDS. payment mode is not matter for TDS. even we are paying directly or paying through some person or agent, actual TDS has been booked in the books of original expenses where we incurring. so college need to book the TDS and pay the same to Govt.
No exemption for singers for deducting TDS
No exemption for singers for deducting TDS
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
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
