Tds on payments made to ima?

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 October 2013 Dear Experts,

Urgent advice needed!

Indian Medical association is raising a bill to our client for Rs. 40, 000/- for co-sponsership of an event ie: Marathon race.

Whether our client is liable to dedcut TDS on 40,000/-? and under which section?

Pl. provide reference too.

Thanks

08 October 2013 No , Not liable.. pay without any deduction and take it in bus. promotion expense..

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2013 r u sure Sir?

Pl. provide reference because as far as my knowledge we should dedcut tds @ 2% u/s 194C.

Pl. confirm again.

Thanks

17 October 2013 Since it is payment to Government TDS is not apply

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 October 2013 But one of my senior CA told me to deduct tds on it as IMA is an association.

Pl help!

18 October 2013 yes. ofcourse it is not governed by the Indian Government

Since it is even management covered under sec.194J, deduct 10%


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