TDS and GST on Franchise Fees and equipement supplier
This query is : Resolved
Deepika Tayal
(Querist)
15 October 2019
Hi,
I am starting a restaurant, taking a franchise from a established brand.
1. Do I need to cut TDS on one-time franchise fees paid to the franchise along with GST?
2. Do I need to cut TDS for the kitchen equipment supplier as I am already paying him GST?
Thanks
I am starting a restaurant, taking a franchise from a established brand.
1. Do I need to cut TDS on one-time franchise fees paid to the franchise along with GST?
2. Do I need to cut TDS for the kitchen equipment supplier as I am already paying him GST?
Thanks
KAVIRAJA ADDANGADI
(Expert)
15 October 2019
Franchise fees attract tds under 194J
Purchase of equipment not attract TDS.
Purchase of equipment not attract 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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- UDIN ISSUE
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
