TDS on sponsourship
This query is : Resolved
CA Amrish Gupta
(Querist)
22 June 2010
our client sponsors first price for Rs 50000 for a contest.........
Is it liable to deduct TDS on it or the organiser who organises such program is liable to deduct TDS on it
Is it liable to deduct TDS on it or the organiser who organises such program is liable to deduct TDS on it
Shyam Lal Naik
(Expert)
22 June 2010
Does the transaction falls under the TDS net ?
CA Amrish Gupta
(Querist)
23 June 2010
Mr shyam can u explain wat u want to say..?
I am unable to understand ur question
I am unable to understand ur question
Shyam Lal Naik
(Expert)
23 June 2010
In my view, TDS is neither required to be deducted by you nor by the organiser.
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