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Tds on sports prize money

This query is : Resolved 

23 February 2019 WE A CLUB CONDUCTED A TENNIS TOURNAMENT AND DEDUCTED TDS @10% ON PRIZE MONEY WHERE THE PRIZE MONEY EXCEEDED 10000.ARE WE DONE IT CORRECTLY?

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23 February 2019 Just the TDS rate is 30%.

24 February 2019 * 10 % u/s/194J per CBDT notification 88/2008 dated 21-08-2008.

* Threshold is Rs.30,000/- per clause (B)(i) of 1st proviso to section 194J.

25 February 2019 if it relates to professional services, then 10% after threshold otherwise 30% TDS

25 February 2019 Thanks experts .....,

04 April 2022 A NEW FLAT BOOKED IN 2010 ALMOST READY TO TAKE POSSESSION IN 2022 MAR; IT IS A MODERATE FLAT ; PAYMENTS MADE IN STAGES OVER SEVERAL YEARS; HOW THIS FLAT SHALL BE TAXED BY THE BUILDER?

27 July 2025 https://docs.google.com/document/d/1fx6HLqEf7oUQFq08mA_uD8ZCBuoArXw762glt-b9DFc/edit?usp=sharing


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