Tds on sponsership payment
This query is : Resolved
21 May 2012
Dear Friends
Whether TDS has to be deducted on Sponsorship payment for delegate bags by Indian Firm to Foreign Co. situated in UK for event being held in hong kong ?
If yes than at what rate?
Whether TDS has to be deducted on Sponsorship payment for delegate bags by Indian Firm to Foreign Co. situated in UK for event being held in hong kong ?
If yes than at what rate?
22 May 2012
As per my understanding the Indian co. is paying for delegate bags in an event to be held in Hongkong to a UK Co..
To me it looks that TDS liability should not be there but you should obtain Tax Residency Certificate (from UK Tax Dept)through the UK Co.
Anuj
femaquery@gmail.com
To me it looks that TDS liability should not be there but you should obtain Tax Residency Certificate (from UK Tax Dept)through the UK Co.
Anuj
femaquery@gmail.com
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
- Refund Annexure-B
- Sale of Equity shares for Purchase of Residential Property
- GST Reverse
- Clarification regarding Import E-way bill transaction type // Regular or Bill from Dispatch From
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Liable to deduct tds and 44ADA
- PRESUMTIVE TAXATION SCHEME
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- ECO SUPPLY REPORTIONG IN GSTR-1
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
